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I wouldn't find this hard to believe at all. The few times I have been in to this bookstore, there were only a handful of people. If a loyal following is small, they won't do much towards paying the bills.
The Open Book does seem to have a loyal following, but unfortunately for them that group seems to be small in number. I have always heard of The Open Book, but have never been. While there is something to be said for a local bookstore, it is hard to compete with national booksellers who are bound to have a larger selection, better hours, and probably better prices. Plus, you can definitely find cheaper books online.
In short, there is much more competition than there probably was when The Open Book opened their doors decades ago. I'm guessing Waldenbooks and B. Dalton at the mall were their only competitors then.
Sad to hear, but not completely unexpected. They were wonderful for supporting local literary events, but the vibe I always got was "here are the books you *should* read" rather than "we have the books you want to read." Too bad. It's hard to compete with Barnes & Noble and Amazon these days.
Agreed with amator. I liked the store but I was the only one there except for the workers everytime I went to browse things. I'm honestly suprised it stayed open this long.
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