San Francisco bookseller Stacey's Books, which has sold books in the Bay Area for 85 years, is going out of business. Guess why:
Like other independent book sellers, Stacey's had been hurt over the past decade by the rise of national chains, like Barnes & Noble, and Web-based booksellers, such as Amazon.com. The store's general manager, Tom Allen, said sales had dropped 50 percent since March 2001.But the final blow was the crumbling economy, which hit hard during the holidays. Stacey's sales in the fourth quarter of 2008 plummeted 15 percent from the same period in 2007.
"That in itself would not have spelled the end," said Allen. "But it came on top of several years of more gradual decline."
I never went to Stacey's. But I did go to Cody's Books, which was a great San Francisco bookstore that died recently, too. I hope Borderlands survives. It's a great sci-fi bookstore in the Mission. I always thought Seattle's nerd community could sustain a good sci-fi bookstore. Maybe not these days.
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