Books-a-Million planning location near Delaware mall

Books-A-Million is apparently making plans to open a new bookstore concept at the former Border’s location near Christiana Mall and adjacent to the Delaware Technical and Community College Stanton Campus.

 The company, based in Alabama, has been posting job openings through online sites under the 2nd and Charles name. 2nd and Charles buys and sells books, CDs and electronic games. The concept has been successful for Game Stop, a large chain that uses the format in selling video games.

Books-A-Million, Inc. is apparently making plans to open a new bookstore concept at the former Border’s location near Christiana Mall and adjacent to the Delaware Technical and Community College Stanton Campus.

The company, based in Alabama, has been posting job openings through online sites under the 2nd and Charles name. 2nd and Charles buys and sells books, CDs and electronic games. The concept has been successful for Game Stop, a large chain that uses the format in selling video games.

Activity in the Christiana area has heated up with the expansion of the nearby mall. It was recently announced that a 17-screen movie theater and a Cabela’s sporting goods superstore will open on the north edge of the mall property in 2014.

Books-A-Million has been reporting stronger results, thanks, in part to sales of the 50 Shades of Gray series of novels. However, the company has been posting losses, with the Anderson family making a bid to acquire the company.  The family owns slightly more than half of the outstanding shares of the company. That proposal was later dropped.

Bookstore chains have been dealing with the issues that led to the closing of Border’s stores, including the growing use of electronic readers, a market dominated by online giant, Amazon.com.

Shares of Books-A-Million have been trading at $2.64 each. Common stock of Books-A-Million, Inc. is traded on the NASDAQ Global Select Market under the symbol BAMM.

The company has 258 stores in 31 states and the District of Columbia with a large store format under the Books-A-Million, Books & Co. and 2nd & Charles names. The stores offer books, music and games.

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