Indie bookstores grow for 4th year in a row

After decades of decline, independent bookselling has become a growth industry.

For the fourth year in a row, membership has increased in the American Bookseller Association, the independent stores' trade group. According to CEO Oren Teicher, the association now includes 1,632 members — some operating in multiple locations — up 65 from last year. In 2009, there were 1,401 members and strong pessimism in the face of superstore chains, the online power of Amazon.com and the recent financial crisis.