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New Owner Keeps Caveat Emptor From Closing

By Jessica Yarvin & Kevin Hyland

Posted July 29, 2016

In March, Janis Starcs, former owner of Caveat Emptor decided to close the Bloomington bookstore. The secondhand bookstore had been a fixture in downtown Bloomington since 1971.

"‘My wife called and said, ‘Did you know Caveat Emptor is closing?' I said, ‘No I didn't, but I'm going down there immediately and talking to them about it.'," current owner Eric Brown says.

According to Brown, within the hour, he had contacted Starcs to let him know that he wanted to buy the store. Starcs' operated the store for 45 years.

Brown graduated from Indiana University, and as a student he frequented the bookstore. He says the first time he entered Caveat Emptor, "it was heaven."

"There used to be bookstores like this all over the country."

"I was surrounded by books," he says. "I love academic scholarly works and this caters to the more intelligencia crowd of university press and things like that."

Before buying the store, Brown and his wife Catherine operated a online bookstore, and they are in the process of transitioning from a digital to brick-and-mortar business. He believes that Caveat Emptor will continue to exist because of its close proximity to the IU campus.

"The university is really important to that," he says. "There used to be bookstores like this all over the country and in every nook and cranny, but the ones that have survived have some kind of university town or things like that that can really support something like this."

Currently, the store's shelves are stacked high with everything from the classics to Charles Barkley's autobiography. Brown says he is receiving nearly ten boxes of books every day.

The Brown's signed a three-year lease on the building, hoping to extend the lifetime of the unique bookstore, and in hopes that more young bibliophiles can find their slice of heaven like Eric did 22 years ago.

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New Owner Keeps Caveat Emptor From Closing

By Jessica Yarvin & Kevin Hyland

Posted July 29, 2016

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