The owners of Carrboro Nice Price Books say slumping sales and readers’ changing tastes are forcing them to close after 26 years.
The store’s last day will be March 10, co-owner Cindy Kamoroff said. Until then, everything is on sale as they try to liquidate about 70,000 books, albums, videos and other items crowding the store, she said. Nice Price Books stores in Durham and Raleigh will remain open, she said.
“Over time, because of the competition and establishment of Amazon, the prices of used materials have just gone down and down, so we have to sell a lot more just to be even with what we used to do. It’s not like our overhead goes down,” Kamoroff said.
Sales have taken a roughly 40 percent hit from online stores and customers switching to e-readers, Kamoroff said. Even the store started selling some items through Amazon, because it has a wider audience and they can charge more, she said.
“People should know if they want cultural institutions to survive, they have to support them,” she said.
The final blow was the construction of a Hampton Inn at 300 East Main, which closed the sidewalk from downtown Carrboro to the store for nearly a year, she said. Shoppers were reluctant to cross the street two or three times and navigate the complex East Main-West Rosemary-West Franklin intersection to get there, she said.
That cost them another 20 percent to 30 percent in sales, Kamoroff said.
Tuesday Morning has opened its new store at the Plantation Point shopping center in North Raleigh. The 10,791-square-foot store, at 6411 Triangle Plantation Drive, offers designer and brand-name merchandise at discount prices. Tuesday Morning has seven stores in the Triangle. ... The P Press, a custom printing and apparel design retailer, has opened at Northgate mall in Durham. The store is across from the Customer Service Center.
Staff writers Tammy Grubb and David Bracken
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