By Edward Nawotka -- Publishers Weekly
Faced with a large chunk of debt, Wordsworth Books of Decatur, Ga.
was in danger of closing earlier this month when it launched an
aggressive fundraising campaign that culminated last Friday with an
event featuring author Jack Pendarvis and his book Awesome
(MacAdam/Cage). The two-week blitz enabled Wordsworth to raise nearly
$25,000, taking itself out of immediate danger. “We came very close to
our fundraising goal,” said owner Zachary Steele.
Steele’s August 4 e-mail blast generated lots of publicity in
publishing circles and the store received a big boost when NPR’s All
Things Considered ran a four-minute segment on August 11 outlining the
store’s need. Contributions came from 18 states, as well as Canada and
the U.K. Additional funds were provided by higher sales and some 40 new
members signing up for the store’s loyalty program.
“The signs are out of the windows and I’m filled with hope, but
there’s still a lot of work for me to do,” Steele said, indicating that
the $25,000 still doesn’t erase the store’s total debt burden and in
the coming months he will be seeking additional investors, including
one willing to come in as a full business partner. “Still,” Steele
said, “to have so many flood us with support, both financially and
emotionally, has been a tremendous boon.”