Our hope is that an ownership transition will help one or more of the remaining partners to continue operating the Block at its current site or elsewhere." Since the other three of us can't hold a new loan on our own, the only way to make this exit happen is to sell or lease the building, or transition in a new partner. For some time now, one of our partners has wanted to exit the business to pursue her career wherever it takes her. "Because we've been in this together, we want to share some news. Whatever comes next, we can honestly say we feel enormously grateful to all of you. We've got challenges ahead and a plan for addressing them. Noting that the store is "not closing right now, but we do have news," co-owners Dawnell Smith, Vered Mares, Kathy McCue and Teeka Ballas posted on Facebook earlier this week: "We've had an eventful few years at the Block, from our opening in January 2018 to a doozy of an earthquake almost a year later to the ongoing pandemic. The Writer's Block Bookstore & Café in Anchorage, Alaska, which opened in 2018, is in the midst of some changes that will affect the future of the business. He noted that S&S's "support of the Carolyn Kroll Reidy scholarships at the publishing programs of NYU, Pace University, the University of Denver, and Columbia University continues, as does our commitment to realizing Carolyn’s vision of a more representative and inclusive work culture." I hope that today you will join me in carrying on her legacy by doing as she did every day: bringing that little bit of extra when sharing your enthusiasm for our books with your colleagues and others in our industry constantly thinking about the ways in which we can improve what we do being kind and helpful to your co-workers and if you have a good idea, an issue, or a problem, speaking up!" Our success is due in part to the great team she put in place and the ethos that she fostered throughout the company. "I know that she would be happy with how we have persevered and thrived over the past year. She was an extraordinary leader, a stalwart champion of our books, an astute businessperson, and a teacher whose ideas and passions will live on in many of us for the rest of our careers. Rarely does a day go by that I don't think of Carolyn and the standard of excellence that she set. Separately in a letter to staff marking the anniversary of Carolyn Reidy's death, Karp said in part, "I wanted to commemorate the occasion by expressing once again my gratitude for all Carolyn has done for Simon & Schuster, and for so many of us. Thank you to the team at Simon & Schuster and to the Reidy family for allowing us to be a part of Carolyn's legacy of supporting and advocating for the book community." Simon & Schuster remains committed to helping independent booksellers thrive."īinc executive director Pamela French said, "Carolyn was a true friend to the Foundation and a champion of the industry. Jonathan Karp, president and CEO of Simon & Schuster, added, "Carolyn believed deeply in the importance of independent booksellers and worked assiduously to improve Simon & Schuster's effectiveness in providing service and information to these essential accounts. I am delighted that Simon & Schuster and Binc are honoring her through this memorial donation, and hope that it will inspire others to contribute to this vitally important organization." She was also keenly aware of just how precarious a life it can be to own a bookstore or work as a bookseller, and thus was always pleased to support Binc. Stephen Reidy, her husband, said, "Carolyn had a deep appreciation for the important role that bookstores and booksellers play in the careers of authors and the success of publishers. In the past six weeks, Survive to Thrive has raised more than $1,055,000 toward its goal, helped by major contributions from Ingram, and major publishers. Yesterday, the first anniversary of the sudden death of Carolyn Reidy, longtime president and CEO of Simon & Schuster, the company announced "a generous gift" in her name to the Book Industry Charitable Foundation's Survive to Thrive campaign, which began in late March and aims to raise $2 million to make grants of up to $10,000 to selected independent bookstores and comic shops.
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