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Legacy's lenders decide to shutter the upscale indie book store.
Independent book store -- and haven for big-name book signings -- Legacy Books in Plano's Shops at Legacy North, will close its doors on August 14.
In an article in the Dallas Morning News, store managers said the book store's investors are pulling the plug as business slows for the store. Some analysts think the location of the store was one of the big issues -- others (like us) think online booksellers, big chains like Barnes and Noble, and the rise of e-books all cut too far into indie stores' profits.
In any case, the Shops will have one less tenant on August 14 -- but don't expect the space to stay empty for long; lease owners are already talking to "multiple prospects" to take over.