Local News

Quail Ridge bookstore turns page with new owner

Posted July 12, 2013

Longtime owner Nancy Olson plans to sell her popular independent Raleigh bookstore, Quail Ridge Books & Music, and retire.
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— A popular independent bookstore in Raleigh has changed hands.

Longtime Quail Ridge Books & Music owner Nancy Olson announced Friday that Lisa Poole has purchased the west Raleigh store.

Poole is the wife of Ven Poole, the chief executive of Waste Industries Inc. and the daughter-in-law of Lonnie Poole, the namesake of a championship golf course on North Carolina State University's Centennial Campus.

Thirty-five buyers expressed interest in buying Quail Ridge after Olson announced in November her plans to sell.

Located in the Ridgewood Shopping Center on Wade Avenue, Quail Ridge has annual sales of about $3 million and stocks about 70,000 titles. It opened in 1984 and was named Publishers Weekly Bookseller of the Year in 2001.

The sale won't affect the staff at Quail Ridge, which averages 15 years in the book-selling business.

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  • clks Jul 12, 2013

    Congratulations! I know Nancy and Jim are pleased with this transfer of responsibility. They have served our community so very well these many years. It is time for other (must I say, "Younger?") folks to continue that level of excellence. Thank you for spoiling us by bringing quality books and exciting authors to Raleigh. From all of us who have enjoyed the wonderful world of Quail Ridge Books, we wish you both all the best - just don't go too far too fast?! I suspect that Lisa & Nancy will be in close contact for a while. CKS

  • -f Jul 12, 2013

    Good idea to get out while you are still on top. The new owner may not be able to say the same thing a few years from now.