Quail Ridge bookstore turns page with new owner
Posted July 12, 2013 4:25 p.m. EDT
Raleigh, N.C. — 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.