That Fellow That Could Read Appears To Have Moved Out Of State

BANGOR, Maine — Mr. Paperback, a bookstore chain that has been a fixture in Maine for 50 years, will be closing and its sister company, Magazines Inc., will be bought out, an owner of the companies said Friday. Mr. Paperback’s 80 employees and Magazines Inc.’s 40 employees will be laid off, co-owner Penny Robichaud said. The companies notified their staffs on Wednesday. “Business is not great. It seemed like it might be a good time to get out,” said Mr. Paperback General Manager Jim McCree. Both companies will cease operation by the end of April. Mr. Paperback has 10 stores in Maine, with locations in Augusta, Bangor, Belfast, Caribou, Dover-Foxcroft, Ellsworth, Farmington, Presque Isle, Skowhegan and Waterville. (more at BangorDailyNews)

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Posted by on Feb 24 2012. Filed under featured, Mind Your Own. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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