REAL ESTATE

Books-A-Million to open 41 locations

BY Marianne Wilson

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.

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REAL ESTATE

Starbucks celebrates 500th store opening in Mainland China

BY Staff Writer

New York City — Starbucks Coffee Co. celebrated the opening of its 500th location in China. The store is located at the international departure hall of the Beijing Capital International Airport Terminal 3.

“The opening of our 500th store in China is a significant milestone in our ambitious growth plans to serve our customers through 1,500 stores by 2015,” said Belinda Wong, president, Starbucks China.

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HOT CONCEPTS

Uniqlo’s Manhattan Flagship

BY CSA STAFF

Uniqlo’s, the expansion-minded Japanese apparel retailer, has opened its largest store in the world, an 89,000-sq.-ft., three-level flagship on Fifth Avenue in New York City.

Designed by the cutting-edge Japanese firm Wonderwall, the new Uniqlo is sleek and futuristic. It is massive in scale, with 100 fitting rooms, 45 checkouts, 100 LCD and LED screens, four glass elevators and an escalator that takes customers from the entry directly to the third level, which is the main selling floor.

The store’s modern aesthetic and high-tech feel is enhanced by an cutting-edge audio/visual system that includes custom LED video installations in the glass elevators and storefront windows and LED “tunnel ticker” displays. Music emanates from speakers hidden from view within store columns as customers ride the escalators. (The audio/visual installation was developed by PlayNetwork in conjunction with partner D3 LED.)

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L.Jandayan says:
Mar-07-2013 10:48 am

Japanese apparel is very
Japanese apparel is very cheap but we are not sure of its good quality. Almost all of their products are result of mass production, therefore we are not sure of how long a product will stay with us. - J. Kale Flagg

L.Jandayan says:
Mar-07-2013 10:48 am

Japanese apparel is very cheap but we are not sure of its good quality. Almost all of their products are result of mass production, therefore we are not sure of how long a product will stay with us. - J. Kale Flagg

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

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