Posted On September 27, 2025

Seeks to rescue an American icon

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Art-to-Art PaletteBooks >> Trade News >> Seeks to rescue an American icon

In the early days of September 2025, a new chapter was written in the saga of books and booksellers—a chapter marked by hope, renewal, and the enduring power of stories. Barnes & Noble, the venerable giant of the bookselling world, stepped forward as a modern-day white knight, coming to the rescue of one of America’s most storied independent booksellers: Books Inc.

Founded in 1851 during the California Gold Rush, Books Inc. is not just a bookseller—it’s a living testament to the rich literary history of the San Francisco Bay Area. Over the decades, it grew into a beloved institution, a haven for readers seeking connection, discovery, and community across its nine remaining stores, from the iconic Opera Plaza and Marina locations in San Francisco to the charming outlets in Alameda, Campbell, Mountain View, Palo Alto, and San Leandro.

Facing the tide of modern challenges—rising costs, shifting consumer habits, and the relentless rise of e-commerce—Books Inc. found itself navigating turbulent waters, leading to bankruptcy filings earlier this year. Yet, in this moment of uncertainty, hope arrived in the form of Barnes & Noble’s commitment. The retail giant agreed to acquire Books Inc. for $3.25 million, offering a lifeline that would preserve its legacy and secure its future.

With court approval still pending, this acquisition promises a new horizon. Books Inc. will retain its independent branding and continue operating its beloved stores, ensuring that the spirit of its founder and the community it serves remains alive. CEO Andy Perham expressed confidence, stating, “This agreement will ensure that Books Inc.’s legacy will continue for the foreseeable future. With Barnes & Noble’s deep resources and world-class support, Books Inc. will be able to quickly modernize its operations so we can focus on what we do best: connecting people with books, ideas, and each other.”

Barnes & Noble, meanwhile, is experiencing a renaissance—a vibrant growth phase that has seen it reassert its place as a leader in the literary world. After acquiring Tattered Cover and opening over fifty new stores in recent years, the company is expanding its reach and influence. Since being taken private in 2019 by Elliott Investment Management, with James Daunt at the helm as CEO, Barnes & Noble has embraced a new vision—one rooted in revitalization, community engagement, and a passionate love for books.

Together, this union of historic and modern, independent and corporate, symbolizes more than just a business transaction. It’s a reaffirmation of the enduring importance of books, stories, and the communities that cherish them. As Books Inc. prepares to continue its journey under the protective wing of Barnes & Noble, readers across the West Coast—and beyond—can look forward to a future filled with stories waiting to be discovered, shared, and celebrated.

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