McNally Robinson book store changing hands
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 03/10/2012 (5056 days ago), so information in it may no longer be current.
McNally Robinson Booksellers, the famous independent book-store that beat the big-box operations to the punch when it opened its large format store in Grant Park Mall in 1996, has started the process to transfer ownership of the company to two long-time staffers.
Co-founder Paul McNally said a price has been agreed to and a three-to-five year process to sell the business to Chris Hall, inventory manager, and Lori Baker, a finance officer with the company, has been started.
McNally said he and his wife and co-founder, Holly McNally, are both in their early 60’s “and we really shouldn’t be doing this for much longer.”
With locations in Winnipeg and Saskatoon and an affiliation with McNally Jackson Books in New York (run by daughter Sarah McNally), the stores have carved out a successful retail niche in a sector that has been turned upside down by digital formats.
The company went through a brief court-appointed bankruptcy protection at the end of 2009 after ill-timed expansion into new stores in Toronto and Winnipeg’s Polo Park.
Those stores closed but the McNally’s reorganized the enterprise and the Grant Park and Saskatoon stores continue to thrive as the central hub for author book readings and other cultural events. Both locations also operate busy restaurants.
A look at McNally Robinson Booksellers and its expansion -- and sometimes retreat -- in the book market.
History
Updated on Wednesday, October 3, 2012 3:47 PM CDT: Corrects spelling of Holly McNally.
Updated on Wednesday, October 3, 2012 5:05 PM CDT: adds slideshow
