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[5] In 1988, Bookland acquired the Gateway Books retail chain based in Knoxville, Tennessee. The same year, the company opened its first superstore format store. [5] In 1992, the company changed its name to Books-A-Million, Inc. and became a public company via an initial public offering of 2.6 million shares at a price of $13 per share. [5] [6]
$9 million [2] Memoir Crossing the Threshold of Hope: Pope John Paul II: Vatican City: Italian: 1994: $8.5 million [2] Nonfiction Life: Keith Richards: British: English: 2010: $7.3 million [2] Memoir Back to Blood: Tom Wolfe: American: English: 2008: $7 million [4] Novel The Covenant of Water: Abraham Verghese: American: English: 2023: $5 ...
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In 1974, Barnes & Noble became the first bookstore chain to advertise on television and a year later, the company became the first bookseller in the United States to discount books, by selling The New York Times best-selling titles at 40% off the publishers' list price. [27]
The July wholesale figures reflect a broad and steady slowdown in price increases, which peaked at a four-decade high in mid-2022 but are now moving toward the Fed's 2% inflation target. On ...
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