Half Price Books Snapshot
Half Price Books tries to live up to its name and its hippie roots. The bookstore chain sells used and new books, magazines, videos, DVDs, and music. Only about half of the merchandise it sells is new. Its roughly 110 stores are located in more than 15 states, primarily Texas. Its wholesale catalog division, Texas Bookman, reprints classics and other public domain works. Half Price Books has grown slowly but steadily; its stores keep a small-company look with secondhand and employee-made furnishings. The company was started by Ken Gjemre and Pat Anderson (late mom of president and CEO Sharon Anderson Wright) in 1972 to save trees by recycling unwanted books. The Anderson family owns most of the company.