• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

New York City women are making up to $30,000 per month by renting out their closets to strangers

3

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'

1

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

2

New York City women are making up to $30,000 per month by renting out their closets to strangers

3

A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
Retailbooks

Independent book stores are growing as people look for community in local spaces

By
The Associated Press
The Associated Press
and
Hillel Italie
Hillel Italie
Down Arrow Button Icon
By
The Associated Press
The Associated Press
and
Hillel Italie
Hillel Italie
Down Arrow Button Icon
May 28, 2026, 7:37 AM ET
Owner Kelley Hartnett poses at her Double Dog Bookshop in Wentzville, Missouri, on Wednesday, May 27, 2026.
Owner Kelley Hartnett poses at her Double Dog Bookshop in Wentzville, Missouri, on Wednesday, May 27, 2026.Bekah Ford/Double Dog Bookshop via AP
Add Fortune on Google for similar content.

Allison Hill, CEO of the American Booksellers Association, is used to strangers expressing sympathy when they learn what she does for a living.

Recommended Video

“It’s all so funny,” she says. “When I tell them I run the trade association for independent stores, they’ll say, ‘It’s just so sad that they’re disappearing.’ I don’t think they’re really keeping track, or they just know about a store that closed or heard about one closing.”

The decline of physical bookstores remains so embedded in popular culture that the man dating Anne Hathaway’s character in “ The Devil Wears Prada 2 ” laments that bookstores are “getting downsized and consolidated.” But the decline actually ended years ago, and the latest numbers from the American Booksellers Association show independent stores expanding at a pace not seen this century.

Membership in the ABA grew by more than 500 over the past year, to a total of 3,417 (at 3,783 locations), nearly triple what it was a decade ago and the highest level since the late 1990s. The surge included stores of various kinds — general interest shops like Hey Books! in San Diego; mobile stores like the Wandering Quills Bookshop in Westerville, Ohio; pop-up stores like Banyan Books in St. Petersburg, Florida.

Many of the new members reflect the current boom in romance, fantasy and their hybrid, romantasy, whether the Spicy Librarian in Denver or the Flutter Romance Bookstore in Austin, Texas: “Where butterflies begin. And every story ends in happily-ever-after,” according to its website.

Both a business and a calling

Independent bookselling, rarely a way to get rich, is a meeting ground for idealists — for young people with a sense of mission, retirees embarking on a new life or middle-aged people no longer satisfied with their careers. “I think people want to realign their lives with their values,” Hill says.

In Wentzville, Missouri, 55-year-old Kelley Hartnett is a marketing consultant and copywriter who had always wanted to run a bookstore. Her husband’s concerns included competing against Amazon, but Hartnett went ahead and opened Double Dog Bookshop in 2025 as a mobile store. She rode about the area in a converted cargo trailer, joined by two Australian Cattle Dog mutts, and has since opened a storefront downtown.

“For me, Double Dog is about maybe 50% books and 50% community,” says Hartnett, who hopes to find a larger space that would make it easier for customers to gather and “just be.”

“People are craving connection, especially in-person connection,” she said. “People are over the internet and virtual meetings and algorithms. They’re not the same as having a human to human connection. It feels really healing.”

Hill can joke about the mistaken elegies for bookselling, while expressing concern that the state of independent stores is healthy but “precarious.” Costs are high, and schools and libraries face budget cuts that limit their purchases from local stores.

Is there room for indies and giants?

Independent owners also find themselves worrying about a onetime competitor which itself had seemed endangered, Barnes & Noble.

The superstore chain was the dominant seller in the 1980s and 1990s, and was widely seen as the leading cause for hundreds — maybe thousands — of independent stores shutting down. But by the 2010s, Barnes & Noble had been surpassed by Amazon. It began shutting down stores instead of opening new ones and struggled for years to find a new owner before the hedge fund Elliott Management Corp. bought it in 2019.

Under the leadership of CEO James Daunt, Barnes & Noble is expanding again, adding more than 100 stores over the past two years. In Chicago, the owner of the decade-old Volume Books has blamed a new Barnes & Noble for putting her out of business, while Hill added that “even a small decrease in sales can make or break a bookstore’s year in an industry with paper-thin margins.”

Daunt denies any intent to take business from independent sellers, saying it’s not in his “DNA.”

“I’m an independent seller myself,” he says, noting that he founded Daunt Books in London. Daunt says he has customers who shop at his store and the British chain Waterstones (where he’s also managing director). “I never thought of the market as finite.”

The owners of The Book Loft Oak Park, another Chicago-area store that opened last summer, acknowledge some nerves about a nearby Barnes & Noble coming soon. But Heather Nelson and Sophie Schauer Eldred hope the stores ultimately complement each other.

“We’re hoping people whose curiosity is piqued by the new Barnes and Noble will walk down the street,” Schauer Eldred said, “and pop into our bookstore.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By The Associated Press
See full bioRight Arrow Button Icon
By Hillel Italie
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Retail

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Retail

arnault
C-SuiteLVMH
Bernard Arnault is denying a family rift—and any kind of real-life Succession. LVMH earnings tell a stranger story
By Mia OsmonbekovJuly 28, 2026
43 minutes ago
kfc
RetailAuction
‘He did wear clip-ons’: KFC founder Colonel Sanders’ pressure cooker, bow ties, former home up for auction
By Dylan Lovan and The Associated PressJuly 28, 2026
4 hours ago
No. 1 on the Fortune Global 500: Amazon’s Jeff Bezos on how his garage startup became the largest company in the world by revenue
MagazineAmazon
No. 1 on the Fortune Global 500: Amazon’s Jeff Bezos on how his garage startup became the largest company in the world by revenue
By Kristin StollerJuly 28, 2026
7 hours ago
magic
RetailMillennials
What Magic: The Gathering’s record year reveals about America’s stalled adulthood economy
By Nick LichtenbergJuly 27, 2026
20 hours ago
cb
C-SuiteRestaurants
Cracker Barrel CEO steps down nearly a year after logo change inflamed Trump country
By Dee-Ann Durbin and The Associated PressJuly 27, 2026
21 hours ago
Workers help a traveler at a Trip.com tabling session booth.
Big TechChina
Trip.com struck with $765 million penalty from China over monopoly allegations
By The Associated PressJuly 27, 2026
24 hours ago

Most Popular

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
23 hours ago
New York City women are making up to $30,000 per month by renting out their closets to strangers
Retail
New York City women are making up to $30,000 per month by renting out their closets to strangers
By Sarah GlodekJuly 27, 2026
1 day ago
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
Success
A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk's reply: 'I am actually going to do something along these lines'
By Sydney LakeJuly 27, 2026
19 hours ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
3 days ago
Current price of silver as of Monday, July 27, 2026
Personal Finance
Current price of silver as of Monday, July 27, 2026
By Joseph HostetlerJuly 27, 2026
1 day ago
I've been teaching college students for decades. Most of them can no longer finish a book
Commentary
I've been teaching college students for decades. Most of them can no longer finish a book
By Austin SaratJuly 26, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.