How Bookstores Survive
Here’s a look at how six great independent bookstores make it in the big city, which is actually a question I have always wanted answered. The Park Slope Community Bookstore has done it in part by catering to Park Slope’s child-related needs, which seems obvious; BookCourt did it by buying their building and, eventually, the building next door. PowerHouse Arena, as anyone who goes to things knows, does it by tirelessly having things to go to (and lots and lots of space rental). The lovely Greenlight books did it through canny investment and fundraising and by being a bookstore where a bookstore was needed. And Sarah McNally of McNally Jackson does it by selling a crapload of books:
She attributes more than $4 million in sales last year to an obvious factor: volume. “Instead of getting rid of shelf for display,” she says, “we’ve gotten rid of display space for shelf space.” So 65,000 books have been squeezed into 7,000 square feet (along with a café), while creative organizing keeps them compulsively browsable.
My only complaint about these bookstores is that, with the exception of BookCourt’s cat (pictured!), there aren’t enough cats in them.