Notes: New Store Owners; Bridget Kinsella!; Dot Calm Era?
Mercedes and Rod Clifton have bought Books on the Square, Providence, R.I., which was under state receivership, the Providence Journal reported. The pair bought the store for $51,000, plus the settlement of
debt and other expenses. "Our expectations aren't terribly high," Rod
Clifton told the paper. "Our retirement does not rely on this." They
hope, he continued, to break even or make a modest profit.
Previous owners Sarah and Richard Zacks placed the business they
founded in 1992 into state receivership to resolve a long-standing tax
dispute with the City of Providence. The court-appointed receiver had
been seeking a buyer since 2005.
The store's new owners said they wanted to combine their love of books
with the desire to run a business. They are both 69; he is a professor
of engineering at Brown University. Their son Jeffrey, who worked for
10 years at the Providence Public Library, will work at the store. The
Cliftons have asked manager Jennifer Doucette, the sole full-time
employee, and the 13 or 14 part-timers to stay.
For now, the Cliftons plan few changes but will emphasize learning and education.
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Normally we'd save something like this for Media Heat, but this
appearance is a special one. Today between 12:40 and 1 p.m., PW's West
Coast correspondent, Bridget Kinsella, a former colleague and friend for
many years, appears on WNYC's Leonard Lopate Show to talk about her
book, Visiting Life: Women Doing Time on the Outside (Harmony,
$24, 9780307338365/0307338363). This evening she's also doing a reading
at 7 p.m. at the Barnes & Noble on Broadway and 82nd St. in New
York City.
Her story is surprising but wonderfully told and inspiring. Hear her while you can!
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We're sorry to note that because of "a sudden illness in his family," Khaled Hosseini has cancelled the rest of his tour for A Thousand Splendid Suns, which was continuing at least through the end of the month.
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The San Francisco Chronicle's excellent profile of Diesel, A Bookstore began by focusing upon co-owner Alison Reid's buying session with Knopf sales rep Charles Spaulding. Of their negotiation over the merits of buying two, rather than just one, copies of a particular title, the article stated that "the path to profitability is paved with a thousand such tiny decisions. . . . Diesel and its owners--Reid and her life partner, John Evans--are an example of what it takes to make a small bookstore succeed in today's era of chain megastores like Barnes & Noble and price-slashing online competitors like Amazon."
According to the Chronicle, Diesel managed to generate a "profit of $138,000 on sales of $1.8 million last year, a margin of 7.5%. In the bookselling world--where the average independent bookstore had a net loss of 1.15% in 2005--that is considered wildly successful."
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In an open letter,
Jim Draeger details plans to turn People's Books, Milwaukee, Wis., into
People's Books Cooperative. The 30-year-old store had been considering
closing.
This month the store will canvass the community about participation in
a cooperative and establish business relations with the University of
Wisconsin at Milwaukee faculty. In July, the store will set up a
coordinating committee to handle the legal issues of the transition,
and by the end of July the store will order books that the UWM faculty
need for the fall semester. In August, the bylaws of People's Books
Cooperative will be signed and a board of directors established.
For more information, contact Draeger at 262-370-7709 or edraeger@uwm.edu.
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The Nashville Public Library's website has won the Library Public Relations Council's top honors in the large budget category, according to the Tennessean. The award will be presented during the American Library Association's annual conference this month.
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Are consumers growing web-weary? The New York Times reported that online sales growth is slowing "sharply in major sectors like books, tickets and office supplies. . . . Growth in online sales has also dropped dramatically in diverse categories like health and beauty products, computer peripherals and pet supplies. Analysts say it is a turning point and growth will continue to slow through the decade."
The Times cited a number of factors for this trend, including the possibility that "consumers seem to be experiencing Internet fatigue and are changing their buying habits."
John Johnson, a customer shopping in San Francisco's Book Passage Bookstore, credited bricks-and-mortar retailers for striving to meet the online challenge with improvements. "They're working a lot harder," he said. "They're not as stuffy. The lighting is better. You don't get someone behind the counter who's been there 40 years. They're younger and hipper and much more with it."
A bricks-and-clicks hybrid model is developing, the Times continued. One example: Borders, which will soon take back control of its website from Amazon, "recently revamped its Web site to allow users to reserve books online and pick them up in the store." And B&N has upgraded its website to include online book clubs, reader forums and interviews with authors in an effort "to make the online world feel more like the offline one."
Forrester Research has projected that online book sales will rise 11% this year, compared to nearly 40% last year. Forrester also estimates that 21% of all book sales occur online.
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A federal bankruptcy court judge has awarded Ronald Goldman's family the rights to O.J. Simpson's canceled book, If I Did It, according to the AP.
The rights are going to an independent trustee whose attorney said he
will try to sell rights to everything pertaining to the book and the
HarperCollins contract "so that there will be funds to pay creditors of
LBA [the company that had held the rights and was going to profit from
the book], including the Goldmans." The attorney said there had been
some interest in buying the rights. The AP said the family wants to
rename the book Confessions of a Double Murderer.
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For those of us who've witnessed the painful process of writers trying to shop their manuscripts at BookExpo America, Lissa Warren's Huffington Post column offered sound and gentle advice. While BEA is neither the time nor the place for "the pitch," productive venues do exist, including "writer's workshops, literary festivals, and other events that are less potentially soul-crushing than BEA."
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"Of all art forms, book publishing is most Canadian," noted the Edmonton Journal in its reflections on BookExpo Canada and Alberta's cultural landscape. "Though it's notoriously difficult to make a profit--for writers, publishers or booksellers--it's a relatively cheap way to build culture."
For Albertans, however, the Journal cautioned that prospects are uncertain: "Creative writing . . . has a direct role in creating and sustaining the idea of Alberta, past and present and future. . . . When the last literary press in the province moves to Victoria or Guelph, far more of us will be worried about the plight of Nicole Richie's dog than the end of Alberta storytelling."