With sale of DC's Politics and Prose, a bookstore's legacy is up for grabs Washington Post

09.06.10

The fund's owners, Carla Cohen and Barbara Meade, both 74 and so in synch they often wear the same colors without planning to, said they are completely too tired to keep steering Washington's most prominent non-chain bookstore -- a premier stop on top-shelf originator tours and a frequent setting for book talks on C-SPAN -- through the uncertainty of an industry threatened by e-books. Cohen is also fooling ill.

"It's time for us to stop and let somebody else take over for the future," Meade said in the 26-year-old reservoir's cramped office. Cohen, eyes reddening, said, "I just don't have the energy like I acclimated to to."

Meade and Cohen said that their 60 employees are nervous but that the sale should not be perceived as the collection's final chapter. Despite doom and gloom in the industry, Meade said, "there are no monetary problems here. We make a good profit." Two years ago, Politics and Prose sold 141,000 hardcover books for $3 million in sales, the owners said. This year: 156,000 hardcovers for $3.3 million.

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