Store seeks savvy, bookish feminist(s)
By Eric Hill • Mar 1st, 2010 • Category: Editor's Picks, From the Interweb, In BriefStore seeks savvy, bookish feminist(s) with capital for preservation of beloved institution
By Zoe Whittall
from the Quill & Quire blog.
In an open letter posted on its website, the financially troubled Toronto Women’s Bookstore has thanked supporters for their donations, and announced they have made enough money to keep the store operating. Unfortunately, all the media attention their fundraising garnered has caused suppliers to either cancel their accounts or put them on prepaid terms. The letter explains that the store has been unable to reestablish credit with suppliers as a result and won’t be able to fulfill course orders for textbooks, which make up to 75% of the store’s annual revenue. From the letter:
We have let our textbook suppliers know that the line they are taking is essentially working to close us down when we were actually getting back on our feet, and the response has been that this is a position they are taking with a number of stores as a result of the recent closures and the current economic situation, and they are not able or willing to make exceptions for TWB at this time. With this obstacle in place, as well as the steady overall decrease in textbook sales over the past several years, it is clear that a new direction is necessary in order to make the bookstore sustainable in the future.
Read the rest of the article here.
Eric Hill is the editor of branta.
Email this author | All posts by Eric Hill
