New York City — Barnes & Noble, Inc., the world’s largest bookseller, has named James Lampassi as vice president, real estate development. Lampassi, whose appointment is effective July 31, 2017, will report directly to CEO Demos Parneros. Previously, he was vice president of real estate and construction at Petco.
In his new role, Lampassi will have responsibility for developing and executing the real estate strategy as well as lead store development and construction initiatives. The company says that David Deason will step down from his current role as vice president, development, and enter into a consulting agreement with a guaranteed term through the end of the year, which could be extended further.
“Jim brings a wealth of real estate experience across major retailers including Marshalls, Bed Bath & Beyond and Office Depot, to what is a critical role at Barnes & Noble,” says Parneros. “I strongly believe that we have the best possible person to help take our stores into the future and grow the business.”
“I also want to thank David for his leadership and outstanding contributions to the company over these past 27 years,” Parneros adds. “I look forward to having David stay on as a consultant providing strategic guidance on our existing portfolio of stores and looking for new store opportunities.”
Most recently, at Petco Animal Supplies Stores, Inc., where he served as vice president, real estate and construction, Lampassi led a team of 80 professional site selectors, construction project managers, lease administrators, energy managers, architects and store maintenance managers. The company added nearly 700 stores during Lampassi’s tenure. He also served as chairman of Petco’s real estate committee.
Barnes & Noble, Inc. operates 633 Barnes & Noble bookstores in 50 states. For more information, visit www.barnesandnobleinc.com.
SOURCE: Barnes & Noble, Inc.