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Books-A-Million profit up in Q4, announces new CEO
Birmingham, Ala. -- Books-A-Million reported Wednesday that profit for the quarter ended Jan. 28 edged up to $7.6 million, from $6.7 million a year earlier.
Sales increased 10.7% to $166.9 million, from $150.8 million. Same-store sales declined 5.7%.
During the quarter, the retailer said it incurred costs of $1.6 million related to the closing of 21 underperforming locations and the opening of 41 new Bam! stores in October and November.
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Riverchase Galleria, Hoover, Ala.
Alabama’s number-one shopping destination can now say that it is not only getting a new Von Maur department store, but also a full-scale renovation.
General Growth Properties and Jim Wilson & Associates’ Riverchase Galleria, located in Hoover, Ala., has unveiled a massive redevelopment project that will include expansive updates, modernization, and enhancement of both the interior and the exterior of the property.