Private company

Powell's Books

Logo: Powell's Books, Public domain, via Wikimedia Commons3

Bookstore chain selling new and used books

Powell's Books is a chain of bookstores, based in Portland, Oregon. Their flagship store, dubbed Powell's City of Books, claims to be the largest independent new and used bookstore in the world. In addition to Powell's City of Books, Powell's operates four other Portland area stores, including the newest store at the Portland International Airport, as well as a satellite store in the town of Condon.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1971Founded1
PowellsBookstore
Photo: Cacophony, CC BY 3.0, via Wikimedia Commons5

Powell's Books is a chain of bookstores, based in Portland, Oregon. Their flagship store, dubbed Powell's City of Books, claims to be the largest independent new and used bookstore in the world.2

The story

20th century

Walter Powell founded Powell's in 1971. His son, Michael Powell, had started a bookstore in Chicago, Illinois, in 1970 which specialized in used, rare, and discounted books, primarily of an academic and scholarly nature. In 1979, Michael Powell joined his father in Portland, right after his father's store was not offered a lease renewal; within a year, they found the location that became its current headquarters. Michael bought the bookstore from his father in 1982.

In 1984, Powell's opened its first branch store, in a suburban shopping center named Loehmann's Plaza (later renamed Cascade Plaza), near Washington Square. The new branch was not a replica of its City of Books location; Powell was concerned that the "edgy" neighborhood of its headquarters location was limiting its customer base, so the new store was "fairly fancy" with white shelving, a tile floor, and banners over the aisles. It was also four times the size of the typical chain bookstore.

A travel bookstore was established in 1985 on Pioneer Courthouse Square, and other stores followed, one a year for the next few years. By the early 1990s, Powell's bookstores were part of the resurgence of the independent bookstore, which collectively made 32 percent of book sales in the U.S. The travel store closed in 2005.

Powell's established its Internet presence in 1993, beginning with email and FTP-based access to its technical bookstore; it has since expanded to incorporate fiction and other genres as a traditional ecommerce site. Their website was established in 1994, before Amazon.com, and has contributed substantially to the chain's recent growth.

The City of Books location grew to its current size after an expansion that opened in 1999; it included a new entrance facing the Pearl District which featured the "Pillar of Books", a Tenino sandstone carving depicting a stack of eight of the world's great books, on a base with the inscription "Buy the book, read the book, enjoy the book, sell the book" in Latin. For the year ending June 2000, Powell's revenue was $41.8 million.

21st century

In 2002, Powell's was cited by USA Today as one of America's 10 best bookstores.

In January 2008, Powell's announced plans to expand the downtown City of Books by adding as many as two floors to the store's southeast corner. The expansion was due to add at least 10,000 square feet (930 square metres) of new retail space. Plans submitted to the Portland Design Commission in November 2008 called for a rooftop garden atop the new addition and an "art cube" over a redesigned main entrance.

In March 2010, Michael Powell confirmed plans to hand over management of the business to his daughter Emily as of July. That same month, Powell's announced it would close its technical bookstore on the North Park Blocks, moving its sections on math, science, computing, engineering, construction, and transportation into "Powell's Books Building 2" at the corner of 10th and Couch Street, near the main City of Books location. The consolidation was in response to a five-year decline in brick-and-mortar sales of technical books in favor of online sales.

Read the full text

In October 2010, Powell's announced it had bought 7,000 books from the library of author Anne Rice; Powell's offered these association copies on their website. The bookstore was revealed as a charter member of the Google eBooks service when the news was announced by Google on December 6, 2010.

In June 2011, Powell's participated in Google Offers during that service's first month of operation; according to TechCrunch—which characterized Powell's as a "Portland institution"—"5,000 Powell’s vouchers sold out in a matter of hours", making it "most popular deal in the month."

Starting in May 2012, Powell's began offering access to print on demand books via the Espresso Book Machine.

In early 2013, Emily Powell announced that Miriam Sontz, the company's chief operating officer, would take over as chief executive officer.

In 2016, CNN rated it one of the "coolest" bookstores in the world.

CEO Miriam Sontz retired in January 2019. Patrick Bassett, a veteran business consultant, has been the CEO since October 2020. Emily Powell remains president and owner.

In 2024, Powell's held its first-ever used book sale out of its Northwest Portland warehouse, drawing over 10,000 attendees, some reporting wait times of over four or five hours to get in. Powell's held a second annual sale in July 2025.

From Wikipedia’s article on Powell's Books, shared under CC BY-SA 4.0.4

Products and brands

Powell's City of Books

Powell's flagship store, dubbed Powell's City of Books, is located in the Pearl District on the edge of downtown and occupies a full city block between NW 10th and 11th Avenues and between W. Burnside and NW Couch Streets. It contains over 68,000 square feet (6,300 square metres), about 1.6 acres, of retail floor space.

The City of Books has nine color-coded rooms and over 3,500 different sections.

The inventory for its retail and online sales is over four million new, used, rare, and out-of-print books. As of 2009, Powell's was buying around 3,000 used books a day.

Former locations

In the 1980s, Powell's had a location across from Washington Square Mall in Tigard. This was the chain's second location. This location was eventually replaced by their Cedar Hills Crossing location.

Read the full text

From 1985 to 2005, Powell's operated a travel bookstore in Downtown at Pioneer Courthouse Square.

Powell's formerly operated two specialty locations. Powell's Technical Books, which contained books on math, science, computing, engineering, construction, and transportation, was located adjacent to their flagship store in Downtown. Powell's Books for Home & Garden was located adjacent to the Hawthorne store. Both locations were closed, in 2010 and 2020, respectively, due to decreasing in-person sales of these types of books. Their collections were consolidated into the other locations.

From Wikipedia’s article on Powell's Books, shared under CC BY-SA 4.0.4

Timeline

  1. 1971Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$6.1M 2020–2021
Money received by yearMoney received by year, 2020–2021: $6.1M in all. PPP loans $6.1M.$0$2M$4M$6M2020 · PPP loans: $4.1M20202021 · PPP loans: $2.0M2021
Figures by year
YearPPP loansTotal
2021$2.0M$2.0M
2020$4.1M$4.1M

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA6. Matched to this company by name and state.

  1. Apr 28, 2020$4.1M PPP loan (first draw) from Bank of America, National Association6To POWELL'S BOOKS INC, Portland OR; $4.2M forgiven Oct 22, 2021
  2. Jan 30, 2021$2.0M PPP loan (second draw) from Bank of America, National Association6To POWELL'S BOOKS INC, Portland OR; $2.0M forgiven Apr 15, 2022