Birmingham, Ala. -- Books-A-Million (BAM), which has been taking over the leases of former Borders locations, will transform 41 of the sites into BAM stores in early November. Most the locations, which are across the nation, represent new markets for the bookseller.
“Our expansion into these markets represents a substantial opportunity for our company,” said president and COO Terrance G. Finley. “We have been working diligently in the last several months to find ways to keep a number of former Borders store locations in operation under the BAM! brand, and these store openings are the culmination of that work.
In addition to opening the 41 outlets, the company is closing 21 locations. Expenses related to the new store openings and store closings will be reflected primarily in third quarter results.