Half Price Books

Half Price Books, Records, Magazines, Inc.
Industry Retail (Specialty)
Founded 1972
Headquarters Dallas, Texas
Key people
 Sharon Anderson Wright, CEO
Products Books, Records, CDs, DVDs, Magazines, Gifts
Website hpb.com

Half Price Books, Records, Magazines, Incorporated is the largest family-owned chain of new and used bookstores in the United States. The company’s original motto is "We buy and sell anything printed or recorded except yesterday's newspaper", and many of the used books, music, and movies for sale in each location are purchased from local residents. The corporate office is located in the flagship Northwest Highway location in Dallas, Texas.[1][2] Half Price Books now operates more than 120 stores (including outlets) in 17 states.[3]

History

Entrance to the Half Price Books Northwest Highway, the corporate headquarters, on E. Northwest Highway in Dallas, Texas
Half Price Books in Berkeley, California

Founders Ken Gjemre and Pat Anderson opened the first store in 1972 in a former laundromat in Dallas, Texas, filling the shelves with 2,000 books out of their personal libraries.[4] Pat Anderson’s daughter, Sharon Anderson Wright, is the company’s current President and CEO.[5] In 2009, Sharon's sister Ellen O'Neal stepped up to the position of Chairperson of the Board in order to become more involved with the family business.[6]

Half Price Books has recently expanded into the outlet store business in Bloomington, Indiana;[7] Bowling Green, Kentucky;[8] Rockford, Illinois;[9] and Olympia, Washington.[10]

Philanthropy

The Half Price Books original mission statement includes the promise to “promote literacy and be kind to the environment."[11] Teachers and librarians, for example, are offered a year-round 10% discount on purchases.[11] Each year, every Half Price Books store holds a book drive to collect new or gently used children's books, building “Half Pint Libraries” at pediatric hospitals and special-needs clinics in the communities it serves.[12]

The company has promoted recycling and reusing, and the sound management of paper, energy and water resources. In 2008, Half Price Books launched a formal environmental education initiative called “B(eco)me Green” to help spread knowledge about the health of the environment.[13]

In addition, the chain donates millions of books and its overstock inventory to non-profit organizations around the world such as Feed the Children and American Red Cross. It also gives some of its books to Better World Books, a for-profit on-line bookseller.

Publishing

Half Price Books publishes some of the books it sells, inexpensively reprinting non-copyrighted titles or acquiring the U.S. or English language rights from another publisher. Half Price Books reprints these titles under its publishing arm, Hackberry Press.[14]

Among Hackberry Press titles is the Half Price Books children's storybook series Say Good Night to Illiteracy, with 13 editions in print. All proceeds from the series benefit family literacy organizations such as Reach Out and Read and the National Center for Family Literacy.

The company is a strong proponent of the First Amendment freedom of speech and Americans’ right to knowledge and the expression of ideas. Its website “deletecensorship.org” supports imaginative and courageous books, including those that address controversial topics and have been censored or banned.[15]

Wholesale

The wholesale division of Half Price Books is Texas Bookman, also headquartered in Dallas.[16] Texas Bookman sells trade and scholarly remainders at discount prices to wholesale buyers around the world.

References

  1. ↑ "Contact Us." Half Price Books. Retrieved on January 25, 2010.
  2. ↑ "Half Price Books Northwest Highway." Half Price Books. Retrieved on July 6, 2010.
  3. ↑ Stores in • AZ • CA • GA • IA • IL • IN • KS • KY • MN • MO • NE • OH • OK • PA • TX • WA • WI
  4. ↑ Ken Gjemre obituary
  5. ↑ Sharon Anderson Wright - Capitalist Chicks
  6. ↑ Executive bios
  7. ↑ IN • 220
  8. ↑ KY • 221
  9. ↑ IL • 222
  10. ↑ WA • 223
  11. 1 2 10 socially conscious online bookstores
  12. ↑ Small Print
  13. ↑ BecomeGreen.org
  14. ↑ Hackberry Press - Trademark
  15. ↑ DeleteCensorship.org
  16. ↑ Texas Bookman

External links

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