A number of interesting stories that first appeared in the PL Automat: – The Washington Post profiles the “doyennes” who “nurture” the “landmark” store Politics & Prose. And they look at the store’s p&l: “After paying $3.9 million for books, $1.6 million for payroll and covering the rest of their expenses, the store earned $73,000 last year. The co-owners split $173,000 in salary and bonus. Carla Cohen said a big mistake was trying to run the coffeehouse downstairs themselves. They sub-contract it out and earn $4,000 a month. The store’s Web site is not a big profit center, averaging 200 […]
