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Canadays Book Barn Sale Family Fund

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This “Go Fund Me” Campaign has been set-up to assist the Canaday Family in the uncertain days ahead as they liquidate the bookstore they have owned and operated for the past 15 years. Like many small business owners, Ted for many years put any profits from his business back into the business to grow and expand. After the recession of 2008, profits fell and eventually disappeared and belt tightening became the “new normal.” At the end of the month their wasn't anything left to “put away.” Therefore, unlike typical wage earners, the Canaday's do not have investments,  a 401K plan or even a savings account to fall back on. Their home and store inventory contain the accumulated wealth of the 15+ years of their labors. They hope to raise enough money from their store liquidation sale to save their home from foreclosure and to give the family a cushion to survive on until Ted can find and take advantage of any new opportunities that arise. This page is provided as an outlet for those who would like to help the family, but cannot physically take part in the sale.

During the summers of the past two years, the Canaday's held store-wide "Staying-in-Business" sales offering significant discounts to entice buyers to make purchases that could help save the bookstore.  Unfortunately, sales fell well below expectations.  It is the family's biggest fear that despite the quantity and quality of the collection of books, that the sale may fall flat and leave them imperiled.  Therefore, they hope this campaign may make up for any shortcomings realized in the liquidation sale.

Below is the text of the Press Release that was distributed by the family. It explains some of the causes that have lead to their unfortunate situation.

Local Bookstore Latest Victim in Amazon's Relentless Drive to Change America's Buying Habits. Liquidation Sale Begins on Amazon Prime Day.

What a difference a decade makes. Ten years ago Canaday's Book Barn in Carlisle, Pa. celebrated the grand opening of its new and bigger store in a completely renovated stone barn offering over 70,000 old, out-of-print and rare books. Now, owner Ted Canaday will oversee the liquidation of this collection of books that he lovingly curated over the past 20 years. Because of the precipitous decline in in-store customers over the past two years and the tightening margins associated with on-line sales, Canaday's Book Barn will join other brick-and-mortar retailers in Carlisle, like Old Navy and Pier One Imports, that have not been able to survive the change in consumer's buying habits that has been shaped by on-line giants like Amazon.

As a Marine Captain and book lover serving in Japan in the mid-1990s Canaday became one of Amazon's first on-line customers. He even received a mouse pad that Amazon gifted to charter customers after their first year in business. Amazon built their business by developing an on-line marketplace that showcased the diverse offerings of independent booksellers. Canaday joined the Amazon seller ranks following his 10 years service in the Marine Corps and the opening of his first bookstore in Midtown Harrisburg. Business was good both in-store and on-line. The success he enjoyed allowed Canaday to move his store to and renovate the 200 year old barn from which he now operates. With seven times more square footage he was able to expand his selections and create one of the best browsing experiences on the East Coast.

But then came the 2008 recession and the rise of social media. Despite a soft economy and an ever-growing list of distractions pulling consumers away from books Canaday was able to adapt and survive. However, it had become increasingly difficult for the business to support a middle-class existence for his family. Amazon had purchased Abebooks which was the primary marketplace for antiquarian books. This together with Amazon's aggressive move into the “print-on-demand” market for out-of-copyright books and subsequent changes in product placement on their website decimated the out-of-print and antiquarian market. Independent sellers were squeezed ever tighter with each new internal or systemic change to the Amazon selling platform.

Amazon used books as a springboard to expand into other markets and as a means to influence customer's buying habits. Amazon's free shipping for orders over $25 gained popularity and provided the catalyst for Amazon Prime membership. Without even knowing, people were shifting their purchasing allegiance from Main Street to on-line retailing dominated by a few massive multinational corporations headquartered in Seattle and San Francisco. The result has been a “retail apocalypse” for local brick-and-mortar stores nationwide. Tens of thousands of middle-class business owners face financial ruin in the unprecedented redistribution of market share and wealth to the “super platform” providers.

Local communities suffer as profits are sent out-of-town, store fronts sit empty and the tax base crumbles. Amazon's vision, increasingly seems to be a world where most people's labor is superfluous, and where customer's can have Apple's Siri or Amazon's Alexa order groceries delivered by a drone from an automated warehouse. The future will be grim for the dispossessed. It may be to late for Canaday's Book Barn. Only a miraculous outpouring of good will in the form of book purchases could save the store, but perhaps those reading this will be reminded to patronize their local businesses before it is too late.

Canaday's Book Barn will start their liquidation sale on Tuesday, July 11th, Amazon Prime Day. A 50% discount on all books in the store will be offered through the end of July. In August, Canaday will begin offering increasing discounts each week until all of the books are gone. A “Go Fund Me” campaign has been established to allow those wanting to help the family, but who are unable to physically participate in the sale. Details will be available on the Canaday's Book Barn Facebook page and on their website.

Canaday hopes to raise enough money from the store liquidation sale to save his family's home from foreclosure and to give the family a cushion on which to survive until Ted can find and take advantage of any new opportunities that arise. The alternative could result in bankruptcy, the loss of his family's home and a fall from the middle class for the family of four. Perhaps he will be forced to seek employment as a “picker” in Amazon's huge warehouse distribution center just 5 miles from his home. This could likely result in an Amazon press release touting their commitment to hiring veterans.

Pictures of the store which was the product of more than 15 years worth of the family's love and labor... which will now be liquidated:

































Organizer

Ted L. Canaday
Organizer
Carlisle, PA

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