Citing success of online retailers, Gray's Bookstore closes afte - WDRB 41 Louisville News

Citing success of online retailers, Gray's Bookstore closes after 31 years serving U of L students

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LOUISVILLE, Ky. (WDRB) -

Gray’s Bookstore will close its doors on May 31 after 31 years in business between Brandeis Avenue and Cardinal Boulevard on the University of Louisville campus.

Gray's is where students have long found their books, supplies, spirit wear and Greek gear. The bookstore owners wrote in a Facebook post on Monday this is the end of their story.

“The family started it 31 years ago,” said Charles Wade, Gray's textbook and operations manager. We have managers who have been on this staff for over 25 years.

“The store's closing because the financial outlook for the future is not good for the private independent book seller, especially here in this area. Basically, the publishers, Amazon and the much larger book companies … they’re just big Goliaths, and we just can't survive as a David anymore.”

Students say they can find the books they need for $30 to $40 cheaper online.

“It's hard for the students, with all of the other costs students have to assume, expensive tuition, expensive book rates, for us to also assume buying expensive books, which unfortunately prevents us from supporting local businesses,” U of L student Frank Bencomo said. 

The only place students can go now for a bricks-and-mortar experience is the Swain Student Activities Center on campus, where the university recently invested $40 million on renovations.

“It's always sad to see a local, independent store close," U of L media relations director John Karman said. "Gray's has served our students well for over 30 years. They've been a great neighbor to us, and we will miss them."

The doors will close at Gray’s in a few weeks, and everything must go. You can find deals from 10 percent to 65 percent off. The owners say they plan is to close on May 31, but there is a chance they could stay open longer until all their merchandise is sold. They are selling everything from the clothing to the shelves the clothes are displayed on. 

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