I sat down and talked with Michael Wells this morning about the closure of his bookstore, the future of the publishing industry, and the changes he’s seen in Capitol Hill in his 20 years with Bailey Coy.
Connection to Capitol Hill
Michael explains why Bailey Coy couldn’t have existed in any other neighborhood, and how being on Capitol Hill affected Bailey Coy.
Changes in the publishing industry
Michael discusses the changes in the publishing and bookselling industries, which he says started about 10 years ago with the arrival of big box bookstores, and amazon.com.
Why Bailey Coy is closing
Michael explains why Bailey Boy couldn’t hold on any longer, and responds to a CHS commenter that said he was stuck in the 80′s, agreeing that he should have done more to move into the online space.
Changes in the neighborhood
Michael discusses the changing retail climate of Broadway and Pike/Pine, impact of the redevelopment currently underway in North Broadway, and the growing sense of community in Capitol Hill.
History of Bailey Coy
Michael tells the story of how Bailey Coy came to find it’s home on Broadway, and how he ended up acquiring the store in 2003, after working there for 14 years.
“Michael, there’s a 6 foot tall drag queen out here and I think she’s stealing books”
Elliot Bay Book Company
Michael explains why he hopes the rumors of Elliot Bay moving to Capitol Hill are true.
Michaels thoughts on micro-independent bookstore Pilot Books, which recently opened near Bailey Coy, and where it fits into the future of bookselling.
Michael talks about his plans to hold a wake, to mark the end of Bailey Coy.