Revived once when on the verge of bankruptcy, Cody’s Books of Berkeley has closed for good. There is no evidence a savior will emerge — as one did before — to save the iconic retailer.
Anirvan Chatterjee, founder and CEO of bookfinder.com, said Cody’s closure is another sign of challenges facing independent bookstores, which are seeing increased competition from online retailers and chain booksellers. “Actually, about as many new independent bookstores are opening as are closing. But the new ones tend to be specialized,” said Chatterjee. “It’s harder to be an independent general bookstore.”
Read the rest of the story by Francine Brevetti in the Oakland Tribune