12/17/12

Q3 e-commerce sales decrease 6.3% for Books-A-Million

But the books and accessories retailer’s store sales increase.

Kevin Woodward , Senior Editor

Third quarter e-commerce sales fell for Books-A-Million Inc. as did same-store sales, but total sales at the retailer’s bricks-and-mortar locations improved.

For the third quarter of fiscal 2013 ended Oct. 27, Books-A-Million, No. 398 in the Internet Retailer Top 500 guide reported:

E-commerce accounted for 5.6% of total sales compared with 6.7% in Q3 2012.

Books-A-Million attributed the decline in e-commerce sales primarily to lower sales of e-reader devices. Overall sales for the quarter, however, reflected stabilization in the retailer’s core book business and better sales of toys and games, says Terrance G. Finley, CEO and president.

For the first three quarters of the fiscal year, Books-A-Million reported:

Web sales accounted for 5.6% of total sales compared with 6.4% in Q3 2011.

Topics:

Amazon, Barnes & Noble, books, books-a-million inc., bricks-and-mortar stores, e-commerce, e-readers, financials, quarterly results, Top 500

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