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A new chapter begins for book retailer
With Amazon.com’s share price approaching $500 on the heels of a highly publicized 20th anniversary promotional event, the struggling Books-A-Million chain announced a deal to go private for a paltry sum.
The Books-A-Million chain was always a distant competitor to the likes of Barnes & Noble and even the now defunct Borders chain. Then along came Amazon.com and Books-A-Million grew more irrelevant. As its sales and profits declined so did its growth prospects in the eyes of investors and its stock price.
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The future of food, according to General Mills
Retailers who sell food have seen firsthand the huge shift in consumer behavior toward natural, organic, gluten free and non-GMO products. Offering a view of what’s next in the grocery aisle this week was leading food supplier General Mills.
As part of an investor day to unveil growth strategies, the $18.8 billion company shared details about a broad range of new product introductions that debut this summer and are expected to drive retail sales.

