Coliseum Books, the New York City bookstore that had closed its
original store on W. 57th St. in January 2002 and reopened in June 2003
on 42nd St. between 5th and 6th Avenues, is closing again. After filing
for bankruptcy last week, co-owner George Liebson indicated that the
store will wind down business during the month and aims to pay all
creditors in full.
Coliseum Books, which opened in 1974 near the old Coliseum on Columbus
Circle, left that space--15,000 square feet at its height--after the
owner wanted to double the rent. Liebson looked at a variety of
locations in Manhattan and chose the 10,500-sq.-ft. spot across from
Bryant Park.
While the store was able to reassemble the kind of knowledgeable
staff it had been known for, its location in a less residential
neighborhood meant that it was more dependent on commuter and tourist
traffic.
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Jim
Chiappardi and Linda Durkin Richardson, owners of Sherlock's Tomes
Bookstore in Pitman, N.J., which opened late last year, are opening a
second store, with the same name, in Bridgeton, N.J., the Bridgeton News
reported. The store will, the paper said, "carry thousands of books
from most every genre: bestsellers, mysteries, children's, and
self-help and more, including Spanish-language works."
The new Sherlock's Tomes is located at 27 East Commerce St., Bridgeton,
N.J. 08302; 856-455-2231. The original is at 64 South Broadway, Pitman,
N.J. 08071; 856-582-0026.
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Next month Borders will open a 22,000-sq.-ft. store
in Muncy Township, Pa., near Williamsport. The store will be in the
Lycoming Mall, near the intersection of U.S. Route 200 and Interstate
180. In mid-November, Waldenbooks will close its 3,200-sq.-ft. outlet
in the same mall.
Also in November, Borders will open a two-story, 24,000-sq.-ft. sotre
in the Shadyside area of Pittsburgh, Pa., at the intersection of Penn
Circle South and South Highland Avenue. It will be the fifth Borders to
open in the Pittsburgh area.
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Weinstein
Books, owned by the Weinstein Co., whose co-chairmen are Bob and Harvey
Weinstein, will be distributed by Hachette Book Group, the companies
announced over the weekend. Hachette will work with Weinstein Books to
distribute up to 15 English-language titles around the world. Rob
Weisbach will run Weinstein Books as president and CEO.
The Weinsteins and Weisbach will continue to work on scheduled releases
of Miramax Books until the end of September next year. In the meantime,
they are acquiring titles for Weinstein Books. Miramax Books was one of
the casualties of the "divorce" of Disney and the Weinstein brothers
last year. Miramax, an imprint of Hyperion, is distributed by Hachette.
The new imprint plans to publish "titles intended to have general
commercial appeal and will be focused on adult and young adult fiction,
as well as non-fiction titles, including biographies of prominent
individuals."
In a statement, Harvey Weinstein said, "I've always felt that great
writing is the common denominator throughout all forms of media, and we
are excited to add a book division to our expanding portfolio of
companies and projects."
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Effective October 30, Sourcebooks will ship all its books,
audiobooks and calendars to all accounts from Banta Fulfillment
Services in Appleton, Wis. In a statement, Sourcebooks publisher
Dominique Raccah explained the change, saying that during the past two
years "our warehousing and fulfillment services have been strained by a
50% increase in shipments, despite a 23% decline in returns. Banta's
state-of-the-art facilities will help us significantly improve the
overall performance and efficiency of our supply chain management."