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Barnes & Noble Buys Beloved Bay Area Chain Books Inc. for $3.25 Million

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The entrance to the Barnes & Noble store in Midtown Manhattan in New York on June 9, 2025. Books Inc., a staple brick-and-mortar bookstore in the Bay Area for more than 150 years, announced on Wednesday that it would be acquired by bookstore giant Barnes & Noble. If the deal is approved, the remaining stores scattered across the Bay Area will get to keep their recognizable name, Books Inc. CEO Andy Perham said.  (Erik McGregor/LightRocket via Getty Images)

A longtime Bay Area bookseller announced Wednesday that it would be acquired by bookstore giant Barnes & Noble, allowing it to keep its nine stores open after filing for bankruptcy earlier this year.

Books Inc., which has been a staple brick-and-morter bookstore in the Bay Area for more than 150 years, asked the U.S. Bankruptcy Court for the Northern District of California to approve its sale to BI Acquisition Co., a Barnes and Noble affiliate, for $3.25 million.

If the deal is approved, Books Inc. stores in San Francisco, the East Bay and on the Peninsula will get to keep their recognizable name, but have the resources of the larger corporation, according to CEO Andy Perham.

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“This agreement will ensure that Book Inc.’s legacy will continue for the foreseeable future,” Perham said in a statement. “With Barnes & Noble’s deep resources and world-class support, Books Inc. will be able to quickly modernize its operations so we can focus on what we do best: connecting people with books, ideas and each other.”

Like many indie bookstores, Books Inc. has struggled to remain profitable as online booksellers like Amazon entered the market, offering faster delivery, lower prices and more convenience. In January, the company filed for Chapter 11 bankruptcy, citing revenue losses from rising operating costs and changing consumer habits during the COVID-19 pandemic, which shifted even more shopping online.

“Retail patterns have changed a lot since COVID,” said Vanessa Martini, who works as the head buyer for San Francisco’s Green Apple Books. “[Books Inc.] had locations like in places that were heavily dependent on commuting workers that don’t really shop in those areas anymore.”

Martini said she lives near the Books Inc. at Opera Plaza on Van Ness Avenue, which is “definitely an area that just simply sees fewer people coming in.”

She said the initial news that Books Inc. had filed for bankruptcy was “crushing,” but the announcement that it would be bought by Barnes & Noble felt more bittersweet.

“It is … disappointing to lose what was an indie bookstore to something that’s no longer indie,” she said, but added that the stores remaining open is a definite upside.

Another positive Martini sees in the deal is that Barnes & Noble is investing in the indie model — “they’re seeing where the money can actually be made,” she said.

In 2024, Barnes & Noble purchased Denver-based Tattered Cover’s book stores after it filed for Chapter 11 bankruptcy. The chain has also been opening smaller stores that feel more local and personable, Martini said.

“When you go into the newly opened Barnes & Noble that they are positioning, there are smaller footprints, they have much more obvious staff involvement, like handwritten shelf talkers, which didn’t used to be the case,” she told KQED. “They have front table displays that are definitely modeled after the indie selections.”

That’s because even as in-person book shopping declines, she said, indie bookstores offer a purchasing experience that’s different from Amazon, or even Barnes & Noble. At those neighborhood stores, she said, people are more often introduced to new authors or titles, and more likely to pick up a book in a genre they wouldn’t usually because it’s on one of their aesthetic display tables.

“What an indie bookstore does is [say] ‘OK, here’s the thing that you know about and have heard about, but here’s something else that you never would have picked up without somebody who’s plumbed through all of the thousands of pieces of publisher catalog copy to find the most interesting thing for you,’” Martini said. “The power of discovery is still what indie bookstores do best.”

KQED’s Rachael Myrow contributed to this report. 

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