Fifth Avenue Books closing
Sadly, only a few months after I wrote this review, it looks like Fifth Avenue Books is about to close its doors. Apparently, it “has been losing money for several years, most recently about $1,000 a week” and will close at the end of this month.
That’s too bad, and I worry it will affect Bluestocking Books as well: the existence of two good bookstores across the street from each other is one of the reasons I always hit this area when I visit San Diego. Apparently, according to the article, they’ve already used crowdfunding once to stay open.
I disagree with this from the article:
Used bookstores are in some ways the unwanted stepchild of the publishing industry. The only one who makes any money when a used book is sold is the seller—not the author, not the publishing house, not the printer.
The existence of a used-book market is an incentive to buy new books. Just as the existence of a used-car market is an incentive to buy new cars: because the purchaser knows they can recoup a small amount of their money later if they wish. The existence of a used-item market is very important for items that get cycled through regularly, as many do with cars, and most do with books: even those of us who have lots of books eventually run out of room and need to consolidate our library. Just knowing that I don’t have to dispose of my unused books by trashing them is a benefit.
And of course many times we’ll read a book and realize we’re never going to read it a second time. This is one of the reasons I tend to avoid ebooks: there is no easy used ebook market.
According to the store’s Facebook page, they currently have books at 80% off and there’s an “employee anti-starvation fund” you can donate to.
In response to San Diego: 5th Avenue Books and Bluestocking Books: Facing each other across Fifth Avenue in Hillcrest, these two great bookstores complement each other well.