ST. LOUIS (KMOX) – The rising cost of rent is shutting down the last book store in downtown St. Louis.
Left Bank Books Co-owner Kris Kleindienst says the downtown location, which opened in 2008, was popular with bookbuyers, but going forward, they couldn’t come to terms with the landlord.
“There’s a direct correlation,” she says. “You have to sell enough books to pay your overhead, and costs were necessarily going to be more going forward. The numbers were good for us, but it just became clear that it would take a lot longer than we could wait for.”
Left Bank Books will continue to operate its flagship store in the Central West End. The downtown store is planning a clearance sale and will close sometime in May.
(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)
MORE LOCAL NEWS:
- Greitens Focuses on Job Growth During State of the State
- Former Doctor Office Manager Sentenced for Embezzlement
- Unidentified Man Found in Fatal Home Fire
- Illinois is Short 600 School Substitutes a Day, Study Finds
- Missouri House Passes Bill Banning Lobbyist Gifts
- Plans for Dental School at Missouri Southern Postponed