Tuesday, August 22, 2006

Why Booksellers Are Going Belly Up

Balloons, sky-blue and gold and arterial red, bobbed against Cody's glass facade the afternoon before the store closed. July sunshine basted the hordes jostling inside, plucking strawberries from trays, eyes darting as if to say, "I'm making history." News cameras swiveled. A fat man with a sheathed knife at his waist, leather hat strung with small animal skulls, perused the horror-fiction section. A combo played Parisian bistro tunes: accordion and fiddle, happy-sad. The shelves upstairs were bare.

One could be picky and say this was Cody's Telegraph to differentiate the 50-year-old Berkeley, Calif. flagship from the two other Cody's stores, one of which opened on Berkeley's Fourth Street in 1997, the other in San Francisco last fall. Neither of them appears doomed, but the July 10 closure of Cody's Telegraph Avenue store garnered extraordinary attention. Local and national media -- The New York Times, The Los Angeles Times, NPR, MSNBC, to name a few -- have proved generous with their time and ink since owner Andy Ross announced his intentions in early May. His revelation spurred fierce debates, like an endless grown-up game of Clue: What killed Cody's? Chain stores, some said. Changing times, others surmised. Cultural illiteracy. Greed. The Internet. Panhandlers. That missing parking lot. George W. Bush...more here

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