ThriftBooks

Last updated
ThriftBooks LLC
Type Private [1]
Industry Retail
Founded2003
FoundersDaryl Butcher, Jason Meyer
Headquarters Tukwila, Washington [1]
Key people
Mike Ward, President [1]
ProductsNew and used media: books, DVDs, etc.
Number of employees
900 (2008, [2] 2015, [3] 2020 [4] )
Parent MMF Capital Management LLC, KCB Management LLC [1]
Website www.thriftbooks.com

ThriftBooks is a large web-based used bookseller headquartered near Seattle, Washington. [5] ThriftBooks sells used books, DVDs, CDs, VHS tapes, video games, and audio cassettes. ThriftBooks' business model "is based on achieving economies of scale through automation". [2]

Selling nearly 12 million books a year, ThriftBooks is one of the largest sellers of used books in the U.S. It has ten warehouses across the United States. [3]

ThriftBooks was founded in the summer of 2003 by Daryl Butcher and Jason Meyer. The two created software that allowed them to organize and list thousands of book titles per day. [6]

Since 2004, it has partnered with libraries, which provide unsorted books and get a share of the profits. The first library systems to join were King County, Pierce County, and North Central. [6]

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References

  1. 1 2 3 4 "Thrift Books LLC company profile". Bloomberg.com. Retrieved July 29, 2019.
  2. 1 2 Sussman, Mick (September 12, 2008). "Attack of the Megalisters". The New York Times.
  3. 1 2 Nosowitz, Dan (October 26, 2015). "A Penny for Your Books". The New York Times. Retrieved July 29, 2019.
  4. "About Thriftbooks".
  5. Skager, Shawn (April 10, 2009). "Auburn-based Thrift Books leading the pack online". Auburn Reporter. Archived from the original on April 20, 2009. Retrieved September 10, 2009.
  6. 1 2 Li, Caroline (July 2, 2006). "Thrift Books owners have bigger online plans". www.bizjournals.com. Retrieved July 29, 2019.