All of this will happen over the course of the next 10 years.
With the advancement of the electronic technology and the subsequent boom, Barnes & Noble is anticipting a drop in book buying over the next decade. Barnes & Noble reported a 10 percent drop in sales for this December over last year. In order to countermand that, the national chain will close 30 percent of all of its stores. Initial reports have not contianed any details on which stores are likely to close, but there are eight in the St. Louis area, including one in Chesterfield at on Clarkson Road. This was information reported nationally yesterday on NBC News.com. Patch will keep a close eye out on this situation.
The store is currently discounting all merchandise by 20 percent.
The Big Lots in Chesterfield Valley is closing after being open for less than two years. Store Manager Travis Chapman confirmed that the store is going out of business Friday but declined to say why or when it would be officially closed. The store is currently marking down all merchandise by 20 percent and the savings could increase further. "We are going to have to ramp it up until it's all gone," Chapman said. The 23,000-square-foot store opened with a ribbon cutting May 20, 2011, taking over a spot that had previously been occupied by a Circuit City. The national chain offers close-out prices on brand name products but has recently been plagued by a federal investigation into its CEO and Chairman Steven Fishman, who announced his …