Independent bookstores, with their paper-thin profit margins and competition from Amazon, have found themselves a Daddy Warbucks.
The best-selling author James Patterson has started a program to give away $1 million of his personal fortune to dozens of bookstores, allowing them to invest in improvements, dole out bonuses to employees and expand literacy outreach programs.
Great Guy
I’m not really a fan of his novels, but I can’t deny that James Patterson is a great guy. He is a huge supporter of public libraries and independent bookstores. He also heavily promoted World Book Night when one of his books was chosen last year.