Recession hits Labyrinth Books
Textbook sales at Labyrinth Books have dropped 13 percent this fall in light of the economic downturn, said Dorothea von Moltke, the bookstore’s co-owner. One reason for lower revenue is that “about 80 fewer classes than last fall are using any books at all,” she explained. But Labyrinth, only a few years into its lease on Nassau St., must also grapple with a systemic change to its industry that has shuttered bookstores across the country: the rise of online textbook sources.




