Powell's Books is set to return to the Portland International Airport in 2026. The store closed four years prior due to financial strains during the COVID-19 pandemic.
The plan, revealed in the agenda of a Port of Portland commission meeting, describes a lease for 1,940 square feet of retail space in the South Hall portion of the airport, which is located past the security gates between gates B and C. Subject to port commissioners' approval on June 12, the seven-year contract would start in January 2026.
Known for its flagship City of Books location downtown, Powell's struggled during the pandemic-induced travel slowdown, with PDX passenger volumes down 16% in April compared with 2019. Powell's struggled alongside the airport. Using the company's warehouse as collateral, the bookstore's proprietors obtained a $4.5 million loan in May to address financial difficulties.
The history of Powell's Books begins in Chicago in 1970, when Michael Powell, a student at the University of Chicago, used a $3,000 loan to open his first bookstore. Supported by teachers and friends, notably novelist Saul Bellow, Michael swiftly paid back his loan, demonstrating the endeavor's success.
Inspired by his father, Walter Powell, who opened his own used bookstore in Portland after enjoying his stint at Michael's Chicago store, Powell's expanded to Oregon. Walter's relentless acquisition of used books led to the bookstore's relocation to a former car dealership on Northwest Burnside, now a recognizable landmark in Portland.
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In 1979, Michael joined his father in Portland, establishing a unique bookstore concept featuring new and used books, hardcover, and paperback, all on the same shelves. The bookstore became renowned for being open every day and for its staff of passionate book lovers.
Presently, Powell's Books is established as an integral part of the community, functioning as a third-generation family-run enterprise led by Emily Powell. Emily emphasized the bookstore's mission to connect writers with readers. She reflected on the valuable lessons her grandfather and father taught her regarding the love of books and the business of bookselling.
The bookstore recently conducted a large warehouse sale to clear a backlog of books accumulated during the pandemic. The sale drew an unprecedented crowd as bibliophiles flocked to Northwest Portland for discounted books. Powell's chief marketing officer, Andrew Schafer, was surprised by the immense turnout, with lines stretching nearly two miles.
Over 30,000 surplus books were up for grabs, priced at $3 for hardcovers and $2 for paperbacks. Visitors traveled from across the country. Despite rain showers on June 2, enthusiasm remained high, with hundreds waiting outside to explore the warehouse.
One visitor, Amy Gervais, said she was overwhelmed by the sea of book lovers and left with two tote bags full of goodies. Portlanders' abiding passion for books and Powell's, hailed as the country's biggest independent new and secondhand bookshop, is reflected in the store's lasting appeal.
Founder Michael and daughter Emily were on-site, amazed by the massive turnout. While unsure of future warehouse sales, Emily expressed gratitude for the community's support and acknowledged the challenges during the pandemic. Despite long waits, customers like Elizabeth Steffen found the experience rewarding, with some even camping overnight to secure their literary treasures.
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