891919--4/16/2009--BOOKS_A_MILLION_INC

related topics
{system, service, information}
{condition, economic, financial}
{personnel, key, retain}
{customer, product, revenue}
{stock, price, operating}
{product, market, service}
{financial, litigation, operation}
{property, intellectual, protect}
{regulation, change, law}
Intense competition from traditional retail sources and the Internet may adversely affect our business. Our business is highly seasonal. The current economic recession, along with difficult and volatile conditions in the capital and credit markets, could materially adversely affect our financial position, results of operations and cash flow, and we do not know if these conditions will improve in the near future. Our business is dependent upon consumer spending patterns. Our business may be affected by our relationships with suppliers and delays in product shipments. Our vendor relationships subject us to a number of risks, and we rely on certain vendors that are related parties. If we do not successfully optimize inventory and manage our distribution, our business could be harmed. Failure to retain key personnel. Failure to attract and retain qualified associates and other labor issues could adversely affect our financial performance. We rely extensively on communication and computer systems to process transactions, summarize results and manage our business. Disruptions in these systems could harm our ability to run our business. Our electronic commerce trade faces business risks, which include: Government regulation of the Internet and e-commerce is evolving and unfavorable changes could harm our business. We could be liable for breaches of security on our website. We are subject to a number of risks related to payments we accept. We may be unable to protect our intellectual property, which could harm our brand and reputation. We are subject to certain legal proceedings that may affect our financial condition and results of operation. Our stock price may be subject to volatility.

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