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Old 07-14-2015, 03:19 PM   #1
fjtorres
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Books a million to go private
The majority stockholders are buying everybody else out.
http://www.publishersweekly.com/#pat...a-million.html

Not a terribly big deal (only $21M) but they are the second largest B&M chain still standing in the US.
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Old 07-14-2015, 03:38 PM   #2
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And they reported a profit for 2014. Perhaps, they see a turn around in the retail B&M book/entertainment business.
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Old 07-14-2015, 04:52 PM   #3
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And they reported a profit for 2014. Perhaps, they see a turn around in the retail B&M book/entertainment business.
They're taking the B&N route: less books more toys.
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Old 07-14-2015, 05:49 PM   #4
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They're taking the B&N route: less books more toys.
My local Books A Million just downsized their book inventory again. And most of that space was used to add toys.
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Last edited by Apache; 07-15-2015 at 06:15 AM. Reason: spelling
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Old 07-15-2015, 01:06 AM   #5
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Another Toys-R-Us closed in the Twin Cities. I wonder how sustainable switching from books to toys will be.
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Old 07-15-2015, 08:07 AM   #6
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Another Toys-R-Us closed in the Twin Cities. I wonder how sustainable switching from books to toys will be.
WalMart kills them during the holidays, Amazon year round.
B&M specialty stores are dropping like flies at a lizard convention.
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Old 07-15-2015, 08:31 AM   #7
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WalMart kills them during the holidays, Amazon year round.
B&M specialty stores are dropping like flies at a lizard convention.
BAM is the nearest book shop in my area and they are increasingly a gift shop containing bric-à-brac, several racks of magazines and a few shelves of books. They don't have a lot more books than Wal-Mart. Since Wally carries the best selling BPH tripe, that doesn't leave much of a raison d'être for BAM.
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Old 07-15-2015, 08:37 AM   #8
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BAM is the nearest book shop in my area and they are increasingly a gift shop containing bric-à-brac, several racks of magazines and a few shelves of books. They don't have a lot more books than Wal-Mart. Since Wally carries the best selling BPH tripe, that doesn't leave much of a raison d'être for BAM.
I was thinking of Toys-r-us, but yes...
Bookstores are in a similar bind: Walmart and the pharmacies kill them on recent releases, Amazon on backlist.
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Old 07-15-2015, 09:15 AM   #9
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I was thinking of Toys-r-us, but yes...
Bookstores are in a similar bind: Walmart and the pharmacies kill them on recent releases, Amazon on backlist.
TRU is in the same boat as BAM and BN. They carry a niche product that other retailers (Wal-Mart in particular) also carry. WM likely has a better price and is a more convenient source for the consumer. Although a creator of belles lettres like Douglas Preston, Esq. (snark) would disagree, WM is far more destructive to B&M bookstores (more snark) like BAM or BN than Amazon could ever be.


The reasons indie book shops are not so affected and are actually increasing in number? I can think of two:

1) They have a variety of books, not primarily BPH pap and
2) they generally have clerks that actually know books and might possibly offer intelligent recommendations.
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Old 07-23-2015, 11:17 PM   #10
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"BAM" is about 10 to 12 miles from me. A B&N is about 45 miles. Nothing else!
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Old 07-24-2015, 06:11 AM   #11
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"BAM" is about 10 to 12 miles from me. A B&N is about 45 miles. Nothing else!
They're both about 12,000 kilometres from me...
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Old 07-25-2015, 06:27 AM   #12
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They're both about 12,000 kilometres from me...

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Old 07-26-2015, 12:31 PM   #13
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If BAM is adding more toys and gifts, then they are also following Borders' path.
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Old 07-26-2015, 05:38 PM   #14
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If BAM is adding more toys and gifts, then they are also following Borders' path.
And we all know how well that worked out for them.
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Old 07-29-2015, 11:12 AM   #15
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If BAM is adding more toys and gifts, then they are also following Borders' path.

I believe there was a Borders in the same mall that the BAM is in. Years and years ago. Also another book store as well.
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