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Powell's Books company history timeline

1979

In 1979, Michael Powell joined his father in Portland, right after his father's store was not offered a lease renewal; within a year, they found the location that became its current headquarters.

1982

In 1982, 18-year-old Brian left his Appalachian Ohio home, and moved to New York City, where he found community, friendship, and love.

Michael bought the bookstore from his father in 1982.

1984

In 1984, Powell's opened its first branch store, in a suburban shopping center named Loehmann's Plaza (later renamed Cascade Plaza), near Washington Square.

1985

A travel bookstore was established in 1985 on Pioneer Courthouse Square, and other stores followed, one a year for the next few years.

1986

The store made its first sale of used books to the Pacific Rim in late 1986 with a large shipment of paperback novels and magazines to the Philippines.

1987

By 1987, with 12,000 to 15,000 books in stock, Powell's Travel Store was meeting initial sales projections of $1,000 a day.

1990

1990: Powell's enlarges its main store to 43,000 square feet.

1992

In 1992, it organized the first major shipment of goods--books&mdashø Vietnam from the United States.

1993

Powell's established its Internet presence in 1993, beginning with email and FTP-based access to its technical bookstore; it has since expanded to incorporate fiction and other genres as a traditional ecommerce site.

1994

Their website was established in 1994, before Amazon.com, and has contributed substantially to the chain's recent growth.

1996

1996: Powells.com becomes the web site for all store inventories.

1998

In September 1998, email from Powell's managers announcing reductions in employee's wage increases prompted the creation of a new organizing committee of 26 employees.

1999

Sales through the company's web site doubled each subsequent year, amounting to a little less than 10 percent of total revenue, or $3.3 million for the year ended June 1999.

2000

For the year ending June 2000, Powell's revenue was $41.8 million.

A three-year contract was finally announced in August 2000.

2001

Yet despite the size of its Internet revenues, Powell's Books' focus remained on used and hard-to-find titles in 2001.

2002

In 2002, Powell's was cited by USA Today as one of America's 10 best bookstores.

2008

In January 2008, Powell's announced plans to expand the downtown City of Books by adding as many as two floors to the store's southeast corner.

Plans submitted to the Portland Design Commission in November 2008 called for a rooftop garden atop the new addition and an "art cube" over a redesigned main entrance.

2010

In March 2010, Michael Powell confirmed plans to hand over management of the business to his daughter Emily as of July.

The bookstore was revealed as a charter member of the Google eBooks service when the news was announced by Google on December 6, 2010.

2011

In February 2011 Powell's announced the layoffs of 31 employees, over 7% of its unionized workforce, in “response to the unprecedented, rapidly changing nature of the book industry". It was the first round of layoffs since the store's workers formed a union.

2012

Starting in May 2012, Powell's began offering access to print on demand books via the Espresso Book Machine.

2013

In early 2013, Emily Powell announced that Miriam Sontz, the company's chief operating officer, would take over as chief executive officer.

2014

In late 2014 "Powell’s Books Building 2" was closed and the technical books at that location were moved into the main City of Books location.

2019

Following up on 2019’s Go Ahead in the Rain, which was longlisted for the National Book Award, A Little Devil in America is yet another masterpiece.Recommended by Kim T.

2020

In response to the COVID-19 pandemic, Powell's announced the closing of its five locations and the termination of nearly all employees in mid-March 2020.

With Portlanders stuck at home and the city emptied of tourists, sales plunged by two-thirds through the summer and fall of 2020.

2021

As Powell's gradually began re-hiring staff beginning in April 2021, former employees were forced to apply for open positions as new employees.

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Founded
1971
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Walter Powell
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Powell's Books history FAQs

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