Back in May, I wrote about Seattle University's independent bookstore and how the SU administration was considering turning over the bookstore to chain booksellers:
A list of bookstore-outsourcing facts prepared by SU staffers that was given to The Stranger claims lease operators usually keep their average payroll at about 8 percent of total expenses. The SU Bookstore estimates that if the corporate averages were applied to their store, four full-time positions would be lost. And lease operators do not allow for work-study positions, while SU Bookstore provides $100,000 annually in work-study and financial-aid assistance.
The Seattle University Spectator just ran a story about the outsourcing, and it turns out that things are progressing slowly:
The university hired consultants from Campus Bookstore Consulting, a Massachusetts-based firm that specializes in college bookstore analysis. These consultants have been around the university for the last several months examining book prices, customer service and general profitability. CBC will also be conducting focus groups Oct. 6 and 7 with faculty and students.“Everyone has an opinion as to whether the bookstore is doing a good job or a bad job,” said Ron Smith, vice president of Finance. “The committee thought it would be prudent to have an outside view—someone who doesn’t have anything to gain one way or the other.”
So it sounds like SU is getting closer to a decision. CBC doesn't always side with the big boys: They recently encouraged Lewis & Clark College in Portland to drop Barnes & Noble and run their bookstore on their own. If the figures at the SU Bookstore hold up—they're currently doing twice the profitability of most college bookstores—they could very well stay independent.
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