Monday, August 13, 2012

Larry McMurty has stock reduction auction

Larry McMurty has decided that his store, Booked Up, doesn't need the level of inventory that he has been running with. Primarily as a reduction in the legacy he is leaving his family, the plan is to reduce the business to one store in Archer City, TX. In the recent New York Times article  HERE  the usual tropes of online selling and the demise of the physical book are visited. 

The bright spot is that some of the buyers at the auction are aspiring new used book store proprietors.