This Massive Book Retailer Is Now Closing Its Stores

A beloved and massive book retailer is now closing its stores after announcing a major sale at one of its prominent locations.

Books-A-Million in Lafayette, Louisiana is currently hosting a closing sale at its 4419 Ambassador Caffery Parkway location, selling novels, cookbooks and more with massive discounts, reports The-Sun.

Books-A-Million has hundreds of locations nationwide, stretching across the East Coast, Mid West, and Southern United States. 

The closing sale began on December 24, a Books-A-Million associate confirmed to The U.S. Sun over the phone. 

The associate was unable to confirm when the closing sale is scheduled to end and when the store will officially shut its doors, claiming that information has not been shared on the “store-level.” 

The closing sale varies throughout the store, with discounts mainly ranging between 20% to 30%. 

The company recently closed another location in Jackson, Mississippi.

City officials claimed the store had been struggling to make sales and keep up with online competitors, according to ABC News affiliate WBLT.

As Lafayette customers anticipate the imminent closure of the Books-A-Million store, many have taken to social media urging fellow book lovers to take advantage of the closing sale while it lasts. 

“FYI: Books-A-Million in Lafayette is closing,” one shopper wrote in December. 

She claimed that an employee had said the original late date for the closing sale was December 31. 

“One of the books I bought today isn’t scheduled to be released until the 26th, so I highly recommend going!!!!” 

“Went to Books a Million today in Lafayette,” another said on January 7.

“They are going out of business, so have a big sale going on. Thought I would go look for books to have in the nursery. They still have tons of books but are running out on their baby and early learning books.” 

“Books-A-Million in Lafayette is closing and is having a “Everything must go sale”. If you love to read you need to get there ASAP!” a third said.

As of Thursday, the store was still open. 

Following the store’s closure, book lovers will not have to travel far to pick up their favorite stories. 

Popular bookstore 2nd & Charles, which is the sister store of Books-A-Million, will be opening later this year in the River Marketplace shopping center in Lafayette, HOT 107.9 reported. 

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Market News Today - This Massive Book Retailer Is Now Closing Its Stores.
Market News Today – This Massive Book Retailer Is Now Closing Its Stores.

A beloved and popular coffee chain now makes unexpected closures, leaving its original city for good after 46 years.

Au Bon Pain began as a coffee shop in Boston, Massachusetts 46 years ago, but now its last location in the city at South Station is reportedly no longer operating, reports The-Sun.

The Boston-born coffee shop is currently owned by Ampex Brands, a Yum! Brands Inc. as of 2021.

Panera Bread bought Au Bon Pain in 2017 and then sold it.

Au Bon Pain did not officially announce that the location would be closing.

But the South Station location currently says “permanently closed” on Google.

The South Station location is also no longer listed on the Au Bon Pain website. 

It is currently unclear why the location closed. 

The only location left in Massachusetts is a franchise outlet at Stonehill College in Easton, according to Au Bon Pain’s website. 

Au Bon Pain started in Boston in 1978 and once had multiple shops in the city. 

The company was founded by Ron Shaich, the current CEO of Panera Bread, who grew it in the early 1980s. 

There are currently about 175 Au Bon Pain locations across the nation. 

When Yum Brands bought Au Bon Pain in 2021, it had high hopes for the future of the “legacy brand.” 

It also said Au Bon Pain would increase the company’s revenue by approximately 10% annually at the time, according to the 2021 press release.

“We see a solid future for both Au Bon Pain and our broader portfolio,” Ampex CEO Tabbassum Mumtaz said in the release. 

“Our QSR brands performed extraordinarily well throughout the pandemic as guests moved to drive-thru. 

“That performance allowed us to diversify and jump on a great opportunity to reposition a legacy brand.

“The bakery café category will rebound, and Au Bon Pain is well-positioned to grow.”

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Market News Today - This Massive Book Retailer Is Now Closing Its Stores.
Market News Today – This Massive Book Retailer Is Now Closing Its Stores.

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