FINANCE

Books-A-Million sales slip in Q4

BY Katherine Boccaccio

Birmingham, Ala. — Books-A-Million reported Wednesday a profit of $8.1 million for the fourth quarter, up slightly from $7.6 million a year earlier.

Sales dipped 0.8% to $165.6 million, and same-store sales dropped 6.1%.

For the full year, the retailer swung from a loss of $4 million to a profit of $2.5 million. Revenue rose 7.5% to $503.8 million.

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S.Gacho says:
Mar-28-2013 01:55 am

Sometimes, a meeting is a
Sometimes, a meeting is a good solution for you to know that your business is growing or not. A transparent conversation is very important. - Carmack Moving and Storage

S.Gacho says:
Mar-28-2013 01:55 am

Sometimes, a meeting is a good solution for you to know that your business is growing or not. A transparent conversation is very important. - Carmack Moving and Storage

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REAL ESTATE

GBT Realty launches construction on Village on Pooler Parkway

BY Katherine Boccaccio

Nashville, Tenn. — GBT Realty Corp. said Wednesday it has closed on the purchase of approximately 20 acres along Pooler Parkway in Pooler, Ga., for the development of the Village on Pooler Parkway. The development will consist of more than 143,000 sq. ft. when completed in the first quarter of 2014.

The project will be anchored by T.J.Maxx, Ross Dress for Less, Michael’s and PetSmart, all of which have executed leases to be a part of the center. In addition, leases have been signed with Rack Room Shoes, Moe’s Southwest, Jersey Mikes and Palm Beach Tan.

The development also has building pads for freestanding buildings and outparcels. Panera Bread has a lease to locate in a freestanding building with a drive thru. This will be one of the first locations in the market for Panera’s new freestanding prototypes.

In addition, Jalapeños and Aspen Dental have also executed leases to be on building pads within the center.

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S.Gacho says:
Mar-28-2013 01:56 am

A project can be very
A project can be very successful in the end because of the a good team. All it takes is a lot of effort and attention to the business. - Carmack Moving and Storage

S.Gacho says:
Mar-28-2013 01:56 am

A project can be very successful in the end because of the a good team. All it takes is a lot of effort and attention to the business. - Carmack Moving and Storage

Polls

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

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News

Jo-Ann Stores selects Demandware for digital commerce

BY Katherine Boccaccio

Burlington, Mass. — Enterprise cloud commerce solution-provider Demandware announced Wednesday that Jo-Ann Stores has selected the Demandware Commerce platform to support its digital commerce strategy.

“We needed a flexible digital commerce platform that would allow us to move quickly to meet the evolving needs of our customers across our web and mobile channels,” said Matt Susz, CIO, Jo-Ann Stores. “Demandware’s cloud-based platform will allow us to deliver innovative brand experiences to inspire and spark our customers’ creativity wherever they choose to shop with us.”

Jo-Ann is working with Demandware LINK Solution Partner, Lyons Consulting Group, on the development and system integration of its new site. In addition, Jo-Ann Stores will leverage pre-built integrations to third-party technologies available through the Demandware LINK Technology Marketplace.

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S.Gacho says:
Mar-28-2013 01:57 am

A transparent business to its
A transparent business to its people is a good business. With this, you can never left all your employees hanging when the business is not growing that well. - Carmack Moving and Storage

S.Gacho says:
Mar-28-2013 01:57 am

A transparent business to its people is a good business. With this, you can never left all your employees hanging when the business is not growing that well. - Carmack Moving and Storage

Polls

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

View Results

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