Popular Memphis book retailer Davis-Kidd is going up for auction tomorrow in Cincinnati, along with other stores of parent company The Joseph-Beth Group. Joseph-Beth filed bankruptcy in November.
Davis-Kidd has been a Memphis favorite for decades and is the go-to shop for book signings, coffee dates, and children’s events. It is also a neighbor of ours, located just across the street in the Laurelwood Shopping Center.
Bidders expected on Wednesday include the head of Davis-Kidd’s parent company, who desires to keep the store open and increase its profitability. Other bidders include liquidators who would buy the store in order to sell its inventory. There are also potential buyers who might want to keep the store open under a new parent company. Bidders can buy all or any part of the company.
We wish we could offer something auction-wise. For now, we’ll just say thanks, David-Kidd, for the memories so far. We hope to enjoy many more years with you.