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Monday, August 15, 2005

Koen Wholesalers Fold

In today's newsletter, Shelf Awareness reports that Koen Book Distributors will not make it out of Chapter 11 and will be folding. This marks the end of a sad story, that saw some glimmer of hope this past month after the wholesaler filed for Chapter 11. It is no secret that independent sellers on the East Coast loved Koen for its commitment to their stores and an independent voice within the book industry. I went digging on Google News for any further stories about Koen and could not find any as of 10:20EST today, the Shelf Awareness article does a pretty good job anyway.