Monday, December 22, 2008

Who Says There's No Money In Bookstores?

All this wringing of hands and gnashing of teeth---the independent bookstore is going the way of the dinosaur, they're saying.

No one reads, no one buys books, and those that do are making their purchases online.

Anna Susan Kosak put paid to that entire notion.

The North Carolina resident was employed for seven years at Quail Ridge Books & Music in the lovely city of Raleigh. In that time, she managed to embezzle almost $350,000.

Fifty grand per year is a very nice salary, and if the angst over bookstore closings were true, it would be an astronomical income. But that's just what was stolen off the top, while the owner chalked up the hard times to the growing illiteracy of the general public.

Despite the theft, the bookstore managed to bring in enough cash to keep the doors open and pay the help, while Ms. Kosak helped herself. For seven years.

By all means, buy books this Christmas. They make wonderful gifts that can decorate a coffee table or intrigue a mind. Support your local independent vendor, who knows the inventory and can make recommendations for good reads that your computer screen cannot.

And rest easy. If one woman can lift $350,000 from a bookstore, there must still be hope for the survival of the book shop on the corner.

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