Substrate
finance

Independent Bookstore Membership Reaches Highest Level Since Late 1990s

The American Booksellers Association reported 3,417 member stores at 3,783 locations. The total is nearly triple the number from a decade ago.

Fortune
1 source·May 28, 11:37 AM(1 day ago)·1m read
Independent Bookstore Membership Reaches Highest Level Since Late 1990sFortune
Audio version
Tap play to generate a narrated version.

Membership in the American Booksellers Association grew by more than 500 stores over the past year to reach 3,417 stores operating at 3,783 locations. The current total is the highest since the late 1990s. The association's figures cover stores of several types, including general-interest shops, mobile stores, and pop-up locations.

New members include stores focused on romance, fantasy, and romantasy titles.

Noble has opened more than 100 stores in the past two years under CEO James Daunt. Some independent owners have expressed concern that new Barnes & Noble locations could reduce their sales. Daunt stated that he does not view the market as finite and noted that he founded an independent bookstore in London before joining Barnes & Noble.

Owners of The Book Loft Oak Park in the Chicago area said they hope customers drawn to a nearby Barnes & Noble will also visit their store.

American Booksellers Association, said costs remain high and that budget cuts at schools and libraries limit purchases from independent stores. Hill described the sector as healthy but precarious. Kelley Hartnett opened Double Dog Bookshop in Wentzville, Missouri, in 2025 as a mobile store before adding a storefront.

She said the business is about 50 percent books and 50 percent community and that customers seek in-person connection.

Key Facts

3,417 ABA member stores
at 3,783 locations, highest since late 1990s
More than 500 new members
added in the past year
Barnes & Noble added 100+ stores
in the past two years under James Daunt
Double Dog Bookshop opened 2025
mobile store later added storefront in Missouri

Story Timeline

4 events
  1. 2019

    Elliott Management Corp. acquired Barnes & Noble.

    1 sourceFortune
  2. 2025

    Kelley Hartnett opened Double Dog Bookshop as a mobile store in Missouri.

    1 sourceFortune
  3. Past two years

    Barnes & Noble added more than 100 stores.

    1 sourceFortune
  4. Past year

    ABA membership grew by more than 500 stores to 3,417 total.

    1 sourceFortune

Potential Impact

  1. 01

    Independent stores may face reduced sales near new Barnes & Noble locations.

  2. 02

    Budget cuts at schools and libraries could limit purchases from independent stores.

Transparency Panel

Sources cross-referenced1
Confidence score75%
Synthesized bySubstrate AI
Word count227 words
PublishedMay 28, 2026, 11:37 AM
Bias signals removed1 across 1 outlet
Signal Breakdown
Editorializing 1

Related Stories

Romania Expels Russian Consul General After Drone StrikeFinancial Times
finance4 hrs agoDeveloping

Romania Expels Russian Consul General After Drone Strike

Romania ordered the expulsion of Russia's Consul General in Constanta and closed the consulate after a drone struck an apartment building in Galati, injuring two people. NATO and Romanian officials condemned the incident as reckless escalation.

MA
Financial Times
2 sources
House Republicans stall on immigration enforcement funding billfortune.com
finance4 hrs agoDeveloping

House Republicans stall on immigration enforcement funding bill

A roughly $70 billion measure to fund immigration enforcement through the end of President Donald Trump's term stalled in the House. Progress halted over White House ballroom security funding and a proposed $1.8 billion fund for government-mistreatment claims.

fortune.com
1 source
Canada Seeks 50 Percent Rise in Exports to China by 2030techjuice.pk
finance2 hrs agoDeveloping

Canada Seeks 50 Percent Rise in Exports to China by 2030

Foreign Minister Anita Anand stated the export target during a visit by her Chinese counterpart to Ottawa. The announcement comes amid U.S. tariffs that have altered trade patterns.

Bloomberg
1 source