Minnesota newspaper the Star Tribune does a profile of local business Llewellyn Worldwide, the largest publisher of Pagan and metaphysical books. In the article owner Carl Weschcke addresses the recent collapse of Borders, which cost the company half a million dollars, saying they’ve managed to stay profitable.
The company has weathered the Great Recession despite losing $500,000 in the Borders bankruptcy, Weschcke said. He credited stringent controls put in place by his wife, and company president, Sandra Weschcke, for keeping the company profitable despite the Borders loss. Their son Gabe Weschcke is Llewellyn’s vice president. The company ended its 2011 fiscal year June with $15 million in sales. “For every change, there is opportunity,” Weschcke said. “The main thing is to recognize change and be flexible and say that change is not bad. The only things that are bad are taxes.”
The article also discusses plans to expand more into fiction, and the central role the business plays to metaphysical booksellers. Quote: “Joseph A. Amara, vice president of business development and an owner of Magus Books in Dinkytown, said that Llewellyn is “one of the great pillars” of its industry.” Considering how close-lipped the company is about its finances and internal workings (they wouldn’t talk on-the-record to me about the Borders closure), its nice to get some news from a company that’s so central to the Pagan economy.