Last month we reported that Penn Book Center, one of the oldest independent bookstores in the area, will close its doors at the end of this month. But here’s some good news: the store owners, Ashley Montague and Michael Row, have recently reached an agreement with their landlord, the University of Pennsylvania, that will allow them to stay open through the end of August. During this time, the owners will try to work out a new business plan that would hopefully allow the store to stay open and prosper in the future.

After the news of the store imminent closing broke, Montague and Row received a lot of support from community members. Over 5,000 people signed an online petition generated by Penn’s English Department asking the university to help save the store from closing. Many folks even offered business ideas which the owners say they are excited to explore. 

Thanks to the great response from the community, the sales have been “phenomenal” in the last two months, according to the owners. There are more ways to help this locally-owned business. Montague and Row are asking anyone interested to complete a short online survey that will help them chart their new direction. Click here to access the survey.

Unfortunately, in order to stabilize their finances the store has canceled its Frequent Buyer Program. Those customers who have rewards credits saved up can use them through August. After August, rewards credits will no longer be usable.

For more information about Penn Book Center and updates, please visit their website or Facebook page. The store is located at 130 S. 34th Street and is open Monday – Friday: 10:00 a.m.- 8:00 p.m.; Saturday: 10:00 a.m.- 6:00 p.m. and Sunday: 12:00 – 6:00 p.m.