Earlier this year, Brad Smith, owner of Paulina Springs Books in Sisters and Redmond, announced that he was putting the Redmond store up for sale. In the store’s email newsletter and website, now Paulina Springs shares the wonderful news that Central Oregon native Kaci Aslamov has entered an agreement to purchase the Redmond store, which she will rename Herringbone Books. Brad writes, Kaci “is just the sort of creative, capable person we were hoping to find.”
Paulina Springs’ financial data for the two stores was too intertwined for the bank loans for Kaci to come through, so the old store and the new are hoping that the bookloving community will come through instead. They started a crowdfunding campaign to help fund the down payment on the new store.
Crowdfunding is a fairly new solution that businesses, including bookstores, have successfully used to make transitions such as this. It allows the impacted community to participate in making the dream possible. Many hands contributing what they can afford for a common good.
Folks interested in contributing to the cause and learn more about the project can click this link:
You’ll find many levels of participation beginning at $10, and see a variety of fun perks available as well.
You can find more details at the store’s site and at the Indiegogo project page for Herringbone Books. They’ve come up with wonderfully sweet and creative rewards for donations, from having your name in the handwritten Thank You book to be displayed in the store (every donor!) to a 20% store discount for a year ($200), a Book of the Month Club ($500), your own bookshelf in the store for 3 months plus a store discount ($1,000), and even a private party with author Jane Kirkpatrick ($4,000)!
After one week, the campaign is 10% funded. Let’s help them reach 100%! Please spread the word to help keep an independent bookstore in Redmond.