A second update to our situation.
We are sincerely touched by the outpouring of sympathy and understanding that so many people have shown us over the last few days. It is overwhelming that such a diverse group of people all feel strongly about the books that we stock, the place that we create for them, and the way that we champion them. We offer our thanks to each one of you, and have trouble finding words to repay this kindness.
We are, however, in the disappointing position of having had our formal proposal to our landlord rejected. Our proposal to work for her to liquidate our stock was dismissed with the argument that the cost of paying security or a bailiff to observe the process would outweigh the gain. Our proposal did not include security or a bailiff’s presence during the process. Clearly we are not trusted. With no negotiation of our terms of payment available to us we have to accept that the store has no future at this location. This might seem anti-climactic, and some of our supporters may feel that there must be something else that we can do. We ask for your trust that we have, for some time now, considered all the options, and have had the support of a lawyer in formalizing them. Our only hope is to imagine that the store may reemerge in the long-term. At this point a fundraiser could only be a Pyrrhic victory. We encourage all those who have shown such enthusiasm for the store to consider helping us and stores of our kind but in the future.
While we are open to suggestions, we are hoping that our own unfortunate case might offer others the opportunity to seriously consider the factors which combine to make creating and running a bookstore such a challenge in North America. Predatory pricing of Amazon, inflated rents in urban centers, remaindering of excessive print-runs demanded by big-box stores and corporate publishing have had a devastating effect on smaller entrepreneurs. We are still of the feeling that without big changes the best and most satisfying way to support indies is to explore the stores in your city, browse their selection, trust your own curiosity, and buy gift certificates if nothing suits you.
We cannot help but feel guilty for disappointing everyone who has demonstrated their hope that we might resolve our difficulties in the short term. We invite anyone who might feel that we have breached their trust in this respect to contact us at email@example.com
Jesse & Charlie Huisken