Blog

04 Dec

No Time to Ruminate Says Ruminator Books

On Monday, December 1, Ruminator Books in St. Paul, Minnesota, sent an e-mail to its listserve offering shares of common stock for public sale at one dollar each, with a minimum investment of $250. This offer is available only to residents of Minnesota. The 33-year-old bookstore hopes to raise between $450,000 and $1 million to offset its growing financial woes, and the outcome of the stock sale will likely determine Ruminator's survival.

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04 Dec

The Lion's Share -- Griffin Poetry Prize Pays Big Money

"The first objective is to make the statement that poetry and poets are just as important as novelists," said Scott Griffin, the founder of the Griffin Poetry Trust, which awards two literary prizes annually for poetry written in English. The prizes are worth C$40,000 each. One will go to a living Canadian poet, the other to a living poet from any country, including Canada. Poets Billy Collins (U.S.

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04 Dec

Independent Booksellers Seek Same for Dynamic Relationship and Sales

News Flash -- Oakland, California: DIESEL, A Bookstore, established in 1989, is not closing, not for sale, and not under new management. The founders/owners, Alison Reid and John Evans, are looking for one or more new partners to share equally in the operation of their "high quality, independent neighborhood bookstore celebrating a California urban aesthetic, a cosmopolitan gathering point for those who love good writing."

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04 Dec

This Season Syracuse Shopping for a Bookstore

Syracuse, New York, is going through somewhat of a downtown renaissance. In the past five years the downtown has added, and continues to add, residential housing units; in the past eight years, a net total of 83 retail shops have opened there. Today, downtown Syracuse can offer consumers almost anything they want … except for one thing: "The only missing component is an independent bookstore," said Stacey Griffin, economic development specialist for the Downtown Committee of Syracuse (DCS).

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The American Booksellers Association, a national not-for-profit trade organization, works with booksellers and industry partners to ensure the success and profitability of independently owned book retailers, and to assist in expanding the community of the book.

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