History of the Brand, Books-a-Million

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In the year 1917, a fourteen-year-old boy with a dream began what turned out to be one of the countries’ largest retail bookstores. That boy was Clyde W. Anderson who lived in the little town of Florence, Alabama. Mr. Anderson opened up a news stand that did well enough for him to invest his earnings to start the Bookland Company and in the 1980’s the first Books-A-Million (BAM) was constructed. Today, Mr. Andersons’ son is the current chairman and chief executive officer of the company. In a recent interview one of the BAM’s president Terrance G. Finley said, “Our vision has been to offer our customers the books they most want at the best price.” This mission statement has been the key to the success of the company, from the beginning and continues to be today. BAM not only runs bookstores, but in most of the locations there is a Joe Muggs where customers can relax and have a coffee while they read. Also, the online store at www.booksamillion.com generates a substantial amount of revenue for the company. The organizational structure of the company follows the basic structure of management as shown below. Terry C. Anderson

Director and Chief Executive Officer and President,
American Promotional Events, Inc.

Ronald G. Bruno
Director and President,
Bruno Capital Management Corporation Clyde B. Anderson
Chairman & Chief Executive Officer
Albert C. Johnson
Director and Independent Financial Consultant
and Retired Partner, Arthur Andersen LLP Terrance G. Finley President & Chief Operating Officer
Dr. J. Barry Mason
Director, and Professor,
Culverhouse College of Commerce
The University of Alabama Douglas G. Markham
Executive Vice President/Chief Administrative Officer
William H. Rogers, Jr.
Director and Chief Executive Officer, President, & Chief Operating Officer, SunTrust Banks, Inc.Brian W. White
Chief Financial Officer

First line managers report to a district manager, who reports to a regional...
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