Friday, June 20, 2008

Cody's Books Closes Permanently

Fri, Jun 20, 2008 at 6:43 PM

A memo that just arrived from Cody's Books bears sad news: "After 52 years, Cody's Books will shut its doors effective June 20, 2008.

The Berkeley bookstore has been a beacon to readers and writers throughout the nation and across the world. Founded by Fred and Pat Cody in 1956, Cody's has been a Berkeley institution and a pioneer in the book business, helping to establish such innovations as quality paperbacks and in-store author readings. Throughout the 1960s and 70s, Cody's was a landmark of the Free Speech movement and was a home away from home for innumerable authors, poets and readers.

"The Board of Directors of Cody's Books made this difficult decision after years of financial distress and declining sales.

"According to Cody's president, Hiroshi Kagawa, '[It] is a heartbreaking moment…in the spring of 2005 when I learned about the financial crisis facing Cody's, I was excited to save the store from bankruptcy. Unfortunately, my current business is not strong enough or rich enough to support Cody's. Of course, the store has been suffering from low sales and the deficit exceeds our ability to service it.'

"'When I met Cody's 25 years ago, I was a freelance journalist, enraptured by its books and atmosphere. It means so much to me and I apologize to the people who have supported Cody's for not being able to keep this landmark independent bookstore open. Cody's is my treasure and more than that, Cody's is a real friend of Berkeley community and will be missed.'

"Cody's would like to thank all of our loyal customers for their years of patronage."

A tragic loss. Farewell.—Anneli Rufus

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