![]() Where independent booksellers can still create a viable position for themselves within the market is in the used books segment. With the advent of the “superstore” as created by Barnes & Noble, the largest players in the market have been able to gather significant market share and drive many independent booksellers out of the market. Previously, the market was dominated by local, small stores and regional chains. ![]() The bookstore industry as a whole is going through a large consolidation. Therefore, management believes this may be a good time to get into the industry and gain market share. As customers cut back on purchasing, used bookstores will look more attractive to customers who still wish to purchase books. However, management believes that this may be an advantage to the used bookstore industry. Book store industry sales rose only 3.6% for last year whereas overall U.S. This is attributed to the overall weak economy. Our market is facing a decline in growth over the past two years. Flyleaf Books will have a relaxed “reading room” type atmosphere that we will encourage through the placement of chairs, couches, etc. In addition, we offer a search and order service for customer seeking to find hard to get items. In addition, we will be offering a competitive buy and trade service to assist in lowering our inventory acquisition costs and making our store more attractive to our customers. Our music selection will concentrate on CD’s as these are the most popular and take up the least amount of floor space. This includes just about every conceivable category including fiction, non-fiction, business, science, children’s, hobbies, collecting, and other types of books. furniture store which allows the company to stock a large amount of inventory.įlyleaf Books will offer a wide range of book, magazine, and music selections. Our facility is a former 8,000 square ft. This area is well know for its upscale residents and high-quality establishments. Flyleaf Books will be establishing its store in one of the busiest section of Brecksville, an outlying suburb of Cleveland. ![]() Vinck is establishing this firm as a growth-oriented endeavor in order to supplement his retirement, continue meeting people with similar interests, and to leave a viable business to his children. ![]() James Vinck, a former head librarian of the Philadelphia City Library, and his wife Aracela. It is the goal of the company management to acquire local market share in the used bookstore industry through low price, a dominant selection of products, a competitive variety of services including a buyback/trade program and hard to find book search, plus a relaxing, friendly environment that encourages browsing and reading.įlyleaf will be a limited liability corporation registered in the state of Ohio. Flyleaf Books is a start-up used bookstore in the Cleveland, Ohio area. ![]()
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