Community Effort

Community Effort

I think this is a good story. A bookstore in Menlo Park that was forced to close in August will soon reopen, thanks to the efforts of a community of readers who hated to see it go.

"The store’s closure prompted an outpouring of support from the community that included a rally in September and an effort to work with the Menlo Park City Council to create a revival plan," accroding to  the New York Times. "Ms. Banta [the store’s chief marketing offficer] said that some local entrepreneurs developed a business plan to improve the store’s long-term standing and also invested cash. She said that at least $500,000 was raised from 17 individuals, who each pledged at least $25,000 to become shareholders. About 370 local residents also signed up to volunteer time to help the store."