Books-A-Million is closing its Madison location.

"The Books-A-Million team is creating a new experience to serve the Madison community with the new 2nd & Charles located less than a mile from the previous Books-A-Million store. 2nd & Charles features new & used books, while expanding into pop culture, media and entertainment, in a community focused atmosphere," the company said in a statement to AL.com.

A timeline for the Books-A-Million closure has not been announced.

The company opened its first North Alabama 2nd& Charles store last month. The 23,000-square-foot location, located in Madison, is the fourth 2nd & Charles in the state. The company accepts trade-ins on a number of items, including books, DVDs and Blu-ray, CDs, video games and gaming systems, comics, iPads and iPods, vinyl records, eReaders and more.

Privately held, Birmingham-based Books-A-Million operates 260 stores in 32 states.