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Barnes & Noble Arlington Heights Store Closing May 28, 2016 — Another Major Store Closes Near Rand Rd

Mon April 11 2016 1:29 pm  http://www.arlingtoncardinal.com/?p=78144
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Bad news for book lovers in Arlington Heights. Barnes & Noble, 13 W. Rand Road in The Annex of Arlington Shopping Center, has announced that it will permanently close on Saturday, May 28 2016. Arlington Heights employees also been notified about the May 28th closure.

There were rumors that the Arlington Heights store was not performing well at the location.

Barnes & Noble locations at Deer Park Town Center in Deer Park between Palatine and Lake Zurich, and Woodfield Plaza Shopping Center in Schaumburg have not planned closures.

Barnes & Noble left Washington D.C. in December 2015, leaving the nation’s capital city without any downtown bookstore. Barnes & Noble has been considering developing bookstores with a smaller footprint. The average Barnes & Noble store size is 26,000 square feet. According to CBS Money Watch, Barnes & Noble plans to close 10 stores in fiscal 2016.

Amazon remains the dominant book business with a market value about $320 billion. Barnes & Noble is valued at about $700 million with 647 brick & mortar locations.




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