Books Inc., the San Francisco Bay Area’s oldest independent bookstore chain, announced on January 21, 2025, that it has filed for voluntary reorganization under Chapter 11 bankruptcy protection. This strategic move aims to address ongoing financial challenges stemming from rising operating costs and shifts in consumer purchasing behaviors, issues that were intensified by the COVID-19 pandemic.
As part of the reorganization plan, Books Inc. will close its Berkeley store on February 9, 2025. Efforts are being made to transfer affected staff to the company’s remaining ten locations across the East Bay, Peninsula, San Francisco, and San Francisco International Airport. Customers holding gift cards from the Berkeley store…