Here's news that once seemed impossible: Little Professor is alive and growing, according to a story in
Ann Arbor News.
Once a franchise operation with almost 150 stores, Little Professor has
become a "service provider," offering the 16 stores that still
associate with it training, software, book buying help, marketing
materials and whatever else owners need to operate. Booksellers no
longer franchise but instead license those services--and don't even
need to use the Little Professor name. Little Professor owner Praxis Book Store Group,
consisting of Little Professor veterans John Glazer, Mary Ann Reaume
and Amy Craig, plans to open two more stores this year.
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After 24 years with Olsson's, which has seven stores in and around
Washington, D.C., Virginia Powers, general manager for books, is
retiring, according to Olsson's. Powers plans to pursue her interests
in horses and gardening and will continue to be active in
greyhound rescue.
Joe Murphy, who has been with Olsson's 15 years, the last 10 as book
buyer and manager of the Lansburgh/Penn Quarter store, will
become Olsson's head book buyer. In May, he completed his Ph.D. in
English at Catholic University.
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The Midwest Booksellers Association, which just announced its
Booksellers' Choice Awards (see above), is also relaunching its Web
site today at
www.midwestbooksellers.org.
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Today's
Wall Street Journal examines family succession at top
posts of publicly held companies. In the case of Barnes & Noble,
where Stephen Riggio succeeded his brother Len as CEO in 2002, the
brothers' ownership of about a quarter of the company "was not an
issue," longtime board member Michael N. Rosen told the paper. "The
board looked at [Steve's] credentials and his wide range of roles inside the
company and decided that he was highly qualified for the job."
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The
Asheville Citizen-Times
profiles Asheville's Biblio.com, the Web site for used, rare and oop
books and its founder, Brendan Sherar, who used to run a Waynesville,
N.C., bookstore, Sherar & Paige, with his wife, Tracy Paige.
Biblio.com, which is building several libraries in South America, offers 22
million titles from 3,000 booksellers and is the third-largest such
site behind Abebooks and Alibris.
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Because of the loss of other nearby retailers and a long, disruptive
construction project, Newsstand International, Charlotte, N.C., plans
to move by October to the Dilworth section, according to the
Charlotte Observer. At 3,000 square feet, the new store will be larger; it'll also add a café.