Powell's Books

Powell's Books
Industry Specialty retail
Founded 1971 (1971)
Founder Walter Powell
Headquarters Portland, Oregon, United States
Number of locations
Five (four full-service locations and one specialty bookstore)
Area served
Portland metropolitan area
Key people
Miriam Sontz (CEO)[1]
Emily Powell[2]
Products New, used and rare books; eBooks and Google eBooks;[3] magazines, cards, and sidelines[2]
Revenue $45 million (as of 2009)[4]
Owner Walter Powell (1971–1982), Michael Powell (1982–)[5][2]
Number of employees
about 500[2]
Website http://www.powells.com/

Powell's Books is a chain of bookstores in Portland, Oregon, and its surrounding metropolitan area. Powell's headquarters, dubbed Powell's City of Books, claims to be the largest independent new and used bookstore in the world.[6] Powell's City of Books is located in the Pearl District on the edge of downtown and occupies a full city block between NW 10th and 11th Avenues and between W. Burnside and NW Couch Streets. It contains over 68,000 square feet (6,300 m2), about 1.6 acres of retail floor space. CNN rates it one of the ten "coolest" bookstores in the world.[7]

The inventory for its retail and online sales is over four million new, used, rare, and out-of-print books.[8] Powell's buys around 3,000 used books a day.[6]

History

20th century

Powell's was founded by Walter Powell in 1971. His son, Michael Powell, had started a bookstore in Chicago, Illinois, in 1970 which specialized in used, rare, and discounted books, primarily of an academic and scholarly nature. In 1979, Michael Powell joined his father in Portland, right after his father's store had lost its lease; within a year, they found the location that became its current headquarters.[2] Michael bought the bookstore from his father in 1982.[5]

In 1984,[9][10] Powell's opened its first branch store, in a suburban shopping center named Loehmann's Plaza[10] (later renamed Cascade Plaza),[11] near Washington Square. The new branch was not a replica of its City of Books location; Powell was concerned that the "edgy" neighborhood of its headquarters location was limiting its customer base, so the new store was "fairly fancy" with white shelving, a tile floor, and banners over the aisles.[2] It was also four times the size of the typical chain bookstore.[5]

A travel bookstore was established in 1985 on Pioneer Courthouse Square, and other stores followed, one a year for the next few years.[2] By the early 1990s, Powell's bookstores were part of the resurgence of the independent bookstore, which collectively made 32 percent of book sales in the U.S.[5] The travel store closed in 2005.[12]

Powell's NW 11th & Couch entrance, featuring the "Pillar of Books".

Powell's established its Internet presence in 1993, beginning with email and FTP-based access to its technical bookstore; it has since expanded to incorporate fiction and other genres as a traditional ecommerce site.[13] Their website was established in 1994, before Amazon.com, and has contributed substantially to the chain's recent growth.[14]

The City of Books location grew to its current size after an expansion that opened in 1999; it included a new entrance facing the Pearl District which featured the "Pillar of Books", a Tenino sandstone carving depicting a stack of eight of the world's great books, on a base with the inscription "Buy the book, read the book, enjoy the book, sell the book" in Latin.[5] For the year ending June 2000, Powell's revenue was $41.8 million.[5]

21st century

In 2002, Powell's was cited by USA Today as one of America's 10 best bookstores.[15]

Since 2005, its website has also offered DVDs with free shipping, with an inventory of over 40,000.

In January 2008, Powell's announced plans to expand the downtown City of Books by adding as many as two floors to the store's southeast corner. The expansion was due to add at least 10,000 square feet (930 m2) of new retail space.[16][17][18] Plans submitted to the Portland Design Commission in November 2008 called for a rooftop garden atop the new addition and an "art cube" over a redesigned main entrance.[19]

Powell's Technical Books at its original North Park Blocks location (closed in 2010).

In March 2010, Michael Powell confirmed plans to hand over management of the business to his daughter Emily as of July.[2] That same month, Powell's announced it would close its technical bookstore on the North Park Blocks, moving its sections on math, science, computing, engineering, construction and transportation into "Powell’s Books Building 2" at the corner of 10th and Couch Street, near the main City of Books location; the consolidation was in response to a five-year decline in brick-and-mortar sales of technical books in favor of online sales.[4]

In October 2010, Powell's announced it had bought 7,000 books from the library of author Anne Rice; Powell's offers these association copies on their website.[20] The bookstore was revealed as a charter member of the Google eBooks service when the news was announced by Google on December 6, 2010.[3]

In June 2011, Powell's participated in Google Offers during that service's first month of operation; according to TechCrunchwhich characterized Powell's as a "Portland institution""5,000 Powell’s vouchers sold out in a matter of hours", making it "most popular deal in the month."[21]

Starting in May 2012,[22] Powell's began offering access to print on demand books via the Espresso Book Machine.[23][24]

In late 2014 "Powell’s Books Building 2" was closed and the technical books at that location were moved into the main City of Books location.

Labor relations

In 1991, following some post-holiday lay-offs, some of Powell's employees formed an organizing committee, seeking to become part of the Oregon Public Employees Union (OPEU). They got more than 35% of the employees to sign union cards but chose not to file for a union certification election because less than 65% had signed, a threshold suggested by the OPEU.[25] In response to issues identified by the organizing employees, Powell's updated and expanded its employee handbook in April 1992 with changes that addressed processes for problem solving and grievances, the probation and termination procedure, and other employee assistance, among other changes.

In September 1998, email from Powell's managers announcing reductions in employee’s wage increases prompted the creation of a new organizing committee of 26 employees. They chose the International Longshore and Warehouse Union (ILWU) because they could charter their own self-governing local union which would include about 350 employees serving in a variety of jobs in all stores and in the Internet, corporate, and shipping departments. By March 1999, they filed for a union certification election with the National Labor Relations Board. A month later, by a vote of 161–155, ILWU Local 5 became official.[25]

In September 1999, ILWU Local 5 met for the first time with Powell's management, to begin the contract bargaining process. After some early successes, 2000 saw a slowdown in the discussions, followed by rallies, filings of unfair labor practices, an unsuccessful decertification campaign, a one-day shutdown of the shipping department (accompanied by the slashing of a van's tire), and federal mediation. A three-year contract was finally announced in August 2000.[25]

In February 2011 Powell's announced the layoffs of 31 employees, over 7 percent of its unionized workforce, in “response to the unprecedented, rapidly changing nature of the book industry". It was the first round of layoffs since the store’s workers formed a union. A union representative said that Powell's had reduced its workforce by about 40 in the prior year through attrition, but felt that layoffs were still necessary because of a decline in sales of new books and a rise in health care costs.[26]

List of locations

Powell's Books at Cedar Hills Crossing

In addition to its "City of Books" location, Powell's Books also has several smaller stores:

See also

References

  1. Nunjs, Elliot (April 25, 2013). "Owner, new CEO of Powell's Books see strength in brick and mortar". The Oregonian. Retrieved 2016-06-17.
  2. 1 2 3 4 5 6 7 8 Inside Indie Bookstores: Powell’s Books in Portland, Oregon from the March/April 2010 issue of Poets & Writers Magazine. Retrieved 2016-06-18.
  3. 1 2 "Discover more than 3 million Google eBooks from your choice of booksellers and devices". Official blog. Google. December 6, 2010. Retrieved 2010-12-06.
  4. 1 2 "Powell's to move Tech Store". Portland Business Journal. March 4, 2010. Retrieved 2010-12-07.
  5. 1 2 3 4 5 6 Powell's Books, Inc. from fundinguniverse.com
  6. 1 2 "Powell's Books on Burnside". Powell's City of Books. Retrieved 2009-03-12.
  7. Frances Cha (July 30, 2014). "World's coolest bookstores". CNN. Retrieved 2016-06-18.
  8. "Internet Retailer Best of the Web 2006". Internet Retailer. Retrieved 2007-08-28.
  9. 1 2 Powell's Books at Cedar Hills Crossing from the company's website. Retrieved 2012-07-14.
  10. 1 2 "Loehmann's Plaza gains 85 percent occupancy". (November 25, 1984). The Sunday Oregonian, p. D11.
  11. "Beaverton retail mall rechristened". (June 2, 1987). The Oregonian, p. D8.
  12. Nkrumah, Wade (February 7, 2005). "Food carts at Pioneer Square may be ousted". The Oregonian, p. C1.
  13. History of Powells.com from its website
  14. Baker, Lisa (March 19, 2004). "Powell's success story adds a chapter". Portland Tribune. Retrieved 2012-08-27.
  15. USA Today, January 21, 2002. "10 Great Places to Crawl Between the Covers". Retrieved 2016-06-18.
  16. Bennett, Sam (November 13, 2008). "New design for Powell's Books features an art cube". Daily Journal of Commerce. Retrieved 2016-06-18.
  17. Gunderson, Laura (January 22, 2008). "Powell's plans expansion in two years". The Oregonian. Retrieved 2007-01-24.
  18. Nawotka, Edward (January 23, 2008). "Powell's to Expand Flagship in 2010, Absorb Technical Store". Publishers Weekly. Archived from the original on February 9, 2008. Retrieved 2007-01-24.
  19. Portland Architecture: Powells Unveils Design For New Entrance to Flagship Store
  20. Giegerich, Andy (October 26, 2010). "Powell's Books buys Anne Rice collection". Portland Business Journal. Retrieved 2010-12-07.
  21. Agrawal, Rocky (July 4, 2011). "Google Offers Versus Groupon: The Portland Throwdown". TechCrunch. Retrieved 2011-07-11.
  22. "The Espresso Book Machine Arrives at Powell's Books" (PDF). Press release. OnDemandBooks.com. May 4, 2012. Retrieved 2012-05-14.
  23. "EBM Locations: List View". OnDemandBooks.com. Retrieved 2012-05-14.
  24. Hallett, Alison (May 4, 2012). "More on Powells' New Espresso Book Machine". The Portland Mercury. Retrieved 2014-06-06.
  25. 1 2 3 ILWU Local 5: A Brief History of Local 5: Powell’s Books, Inc. from the ILWU Local 5 website
  26. Bosman, Julie (February 9, 2011). "Powell's Books Announces Layoffs". The New York Times Arts Beat blog. Retrieved 2011-02-09.
  27. Powell's at Cedar Hills Crossing
  28. Marum, Anna (January 6, 2016) [print-edition date January 8, p. C1]. "Powell's Books to expand Hawthorne location". The Oregonian. Retrieved 2016-02-01.
  29. Powell's Books at PDX from the company's website

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Coordinates: 45°31′24.04″N 122°40′53.71″W / 45.5233444°N 122.6815861°W / 45.5233444; -122.6815861

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