Barnes & Noble opening new store in May 2019
A new Barnes & Noble bookstore is coming to Woodbury, company officials said Thursday.
The $1.4 million store will be built in CityPlace, the mixed-use development on former State Farm property at Interstate 94 and Radio Drive. According to company plans, it will be built next to the Sierra Trading Post and will open in May 2019.
“The store is going to be a new concept for the company” and will include a cafe, said Rachel Peterson, assistant manager of the other Barnes & Noble in Woodbury, on Valley Creek Road.
She said her store will probably close when the new one opens.
“We were built in this location in 1992, way before they were putting cafes into bookstores,” said Peterson.
The building housing the new store was approved by the City Council in 2016, although officials didn’t know the intended tenant until recently. Construction of the store has already started.
The size of the store will be about 21,000 square feet, according to a plat submitted to the city.
The opening of a new bookstore is a rare event because sales and profits for most bookstores have fallen for more than 10 years. Their biggest competitor is Amazon, which now accounts for about half of the nation’s book sales.
Borders Books, which at one time operated 686 bookstores, declared bankruptcy in 2011.
Recently, Barnes & Noble has been closing stores amid declining sales. But east metro stores remain open at Har Mar in Roseville, Maplewood Mall, Eagan Promenade and Burnhaven Shopping Center. The chain also has locations at the Mall of America in Bloomington and Galleria in Edina.