New and used bookstore The Written Word will open in Brush, CO on Saturday. Owner Marlene Gippin says the store will offer books at $20 or less – “I’m not making things expensive; I think books should be inexpensive” — as well as free wi-fi and coffee, a children’s area, and a room for local artists to display their pieces. Fort Morgan Times Whitefish Bookstore will open a second location in downtown Kalispell, MO, by October 1. The news comes as the town’s Borders store is in the final stages of shutting down. KAJ18.com Waterstone’s will close its concession stand […]
Archives for August 2011
Coming Attractions: Cheney, Rice, Jobs, King’s Short, and Fall Books
The NYT has broken the embargo on former vice president Dick Cheney‘s memoir IN MY TIME, which is set for release next Tuesday. Though Cheney tells NBC in the first televised interview, which will air next Monday, that “there are going to be heads exploding all over Washington” over the book, it’s hard to see why from the Times’ read. Cheney is Cheney, as he “expresses little regret about many of the most controversial decisions of the Bush administration” and “is often pugnacious in tone.” He thinks former CIA director George Tenet was a quitter, and even though many would […]
Bookselling: Nebraska Book Company Gets Bankruptcy Plan OK; Easons Plans Layoffs and Store Closings; and More
A Delaware bankruptcy court granted approval to the Nebraska Book Company to seek votes from creditors on its reorganization plan, which would give control of the company to holders of more than 95 percent of its 8.625 percent senior subordinated notes and more than 75 percent of its 11 percent discount notes, the Lincoln Journal-Star reports. Secured lenders and noteholders would be paid in full with cash, and so long as equity holders don’t object to the plan, “they would get warrants to purchase 3 percent of the reorganized company’s equity at an enterprise value of $500 million, and 5 […]
BAMM Now Set to Buy 14 Borders Store Leases
Books-A-Million’s original plans to buy as many as 35 stores from Borders fell through in July, but now the two retailers are trying again – albeit for a smaller number of stores this time. Documents filed in federal bankruptcy court late Wednesday indicate that BAMM has reached a deal for $934,209 to buy 14 superstores and small format stores from Borders, as well as assume responsibility for the leases. That amount comprises $184,209 to pay for cure costs to the landlords (which BAMM would pay upon the deal closing) and $750,000 for the stores and lease agreements themselves. The deal […]
People: Gillian Blake Promoted to Editor-in-Chief at Holt
Gillian Blake has been promoted to editor-in-chief at Henry Holt, effective September 1. She has been with the imprint since 2009, and before then held editorial positions at Bloomsbury and HarperCollins. She replaces former B&N Discover Great New Writers Program chair Jill Lamar, who exits Holt on August 31 after just six months with the imprint. Blake reports to president and publisher Stephen Rubin, and senior editor Aaron Schlechter and editor Sarah Bowlin will report to her. Anne Tate will join Simon & Schuster as a senior publicist on August 29. Previously she was a senior publicist at HarperCollins. At […]
Bookselling: Paradies Bids for Detroit Airport Borders; Just Books to Close; Common Language Tries Another Fundraiser, and More
Airport retail operator Paradies has taken over two Borders locations at the Detroit Metro Airport on a temporary basis and is bidding to take over two more locations. The two stores already operating are using Paradies’ focused bookselling brand, Heritage Booksellers. The Paradies’ bid for the other two stores is favored “in part because it is willing to rehire all Borders workers,” according to an airport authority memo cited by the Detroit News. Detroit News Just Books in Greenwich, CT is set to close by the end of August. Current owner Marion Boucher Holmes–who bought the store from Jenny Lawton […]