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Retail

Retail Notes

  • Books-A-Million (aka BAM!) plans to expand its 257-store retail presence (second highest of any book retailer in the U.S.) by opening 30 new stores this year;
  • Three months after announcing its intention to get out of canada, Target Canada completed inventory liquidation and closed the last of its 133 retail stores on April 12;
  • According to the U.S. Bureau of Labor Statistics, in March:
    • Specialty stores, discounters and department stores boosted payroll;
    • Apparel and accessory stores added 1,500 seasonally adjusted jobs;
    • Department stores added 1,600 jobs; and
    • General merchandise stores added 10,900 jobs.
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