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Book World to close all 7 Michigan stores
Book World says it’s closing all of its 45 stores in seven states, including seven stores in Michigan. The company cited a shift in consumer preference to online shopping.
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Published 1:36 p.m. ET Nov. 1, 2017 | Updated 1:43 p.m. ET Nov. 1, 2017
Book World announced it will close all of its 45 stores.
APPLETON, Wis. — Book World says it’s closing all of its 45 stores in seven states, including seven stores in Michigan. The company cited a shift in consumer preference to online shopping.
Michigan currently has Book World stores in Escanaba, Ironwood, St. Ignace, Houghton, Marquette, Iron Mountain and Sault Ste. Marie.
The company’s senior vice president Mark Dupont says 325 employees will lose their jobs as a result. Book World plans to begin liquidation sales on Thursday. Dupont says the company timed the closures and liquidation to coincide with the holiday shopping season. The sales will continue until all inventory is sold. Dupont expects that will be done by January.
Twenty stores are in Wisconsin, where the company is based. It also has stores in Minnesota, Missouri, Illinois, Iowa and North Dakota.
The Detroit Free Press contributed to this report.
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