2F - Tuesday, September 4, 2012 The Michigan Daily - michigandaily.com 2F - Tuesday, September 4, 2012 The Michigan Daily - michigandaily.com Insomnia Cookies leases space on South University I KKMOLENutF/Daily Borders Bookstore on East Liberty Street sees its final day on September 9, 2011. The company was founded in Ann Arbor in 1971. A2 landmark, Liberty St. Borders to close today After more than a year missing from campus, the late night treat returns ByK.C.WASSMAN Daily Staff Reporter ' APRIL 2, 2012 The cookie crumbs of Insomnia cookies will soon increase in Ann Arbor as the company is returning to Ann Arbor after a hiatus of more than a year. Popular cookie vendor Insomnia Cookies signed a lease last month to move into the space formerly occupied by Yogo Bliss on South University Avenue. Since Insomnia Cookies ceased all Ann Arbor opera- tions in January 2011, students have had to rely on Stucchi's on South University Avenue as the sole location to satiate an Insomnia Cookie craving. The company previously operated its business out of a food truck until a change in Ann Arbor's Solicitors and Peddlers ordi- nance forbade food trucks from parking and selling food "on a street or other public property .. for longer than 5 minutes within a 2 hour period unless issued a street use permit for that location." Seth Berkowitz, CEO and founder of Insomnia Cookies, said he believes the store will be as successful as the truck was. "We know from our experi- ence that the store willbe a wel- come place," Berkowitz said. "There'sgoingtobe alotofseats for people to hang out. It will be warm; it will be indoors and will have all the things that our other stores do, so we expect it to be very successful." Berkowitz said Insomnia 0 Cookies is renovating the inside of the space in order to fit the company look. However, the city posted a "Stop Work Order" on the front of the company's new location on Sunday, noting that it lacked the proper permits for any construction work in the space. In a statement to the Daily yesterday, Lisha Turner-Tolbert, general permit manager for the city ofAnn Arbor, said Insomnia Cookies has since applied for the appropriate permits and had the space inspected. Mike Giraud, vice presi- dent of Swisher Commercial, the realty company that owns the property, said he expects Insomnia Cookies to be suc- cessful at the South University location. "I think they'll do phenom- enally," Giraud said. "It's a tested product. They've got ,a good'location. They know their demographic and they've got a great business plan." Giraud could not be reached for an additional interview to provide comment on the "Stop Work Order" notice. Engineering senior Divya Kondapalli. said she's glad that Insomnia Cookies will soon have its own store. "I love Insomnia Cookies," Kondapalli said. "They're good for a late night snack. They're just warm and gooey." Future of company still unknown By ANDREW SCHULMAN Daily StaffReporter SEPT. 9, 2011 - Ann Arbor- based Borders Group Inc. said it will close its flagship location at 612 East Liberty St. today, six weeks after announcing it would liquidate its 399 stores and all of its assets. But even as the chain liquidates stores nationwide and clears stock at discount rates as high as 90 percent, Borders's future remains uncertain. An auction of the group's intellectual prop- erty - incltsOing its brand name, website and customer loyalty program -is set for Sept. 14. This leaves t ssibilitythat Borders could cue as an online book- seller, the now online-only electron s retailer Circuit City. It is &1ear if Borders, which announe its liquidation on July 1 Nsreceived any bids for its intellectual property. The bids were due Sept. 8, according to Borders spokeswoman Mary Davis. However, she wrote in an e-mail interviewto The Michigan Daily that she would not com- ment further until the informa- tion is ready to be made to the public. As it nears the end of its liq- uidation process, Borders is also entangled in a pair of legal battles with former employees and busi- ness partners. Davis declined to comment on the status of the ongoing lawsuits. Business seemed as usual at the East Liberty Street Borders location on Friday. Discounts rose to as high as 90 percent, and signs announced that even the store furniture is for sale. Employees hung posters broad- casting the deals and fielded questions from customers who were confused that the business section had been reduced to a single bookshelf with no system of organization. Customers and passersby had mixed reactions to the store's closing. Dozens of pedestrians along East Liberty, taking notice of the signs advertising the markdowns, wandered into the store hopingto find a steal- Matt Newman, a Rackham student studying classics, said he came into the store looking for two children's books he had read when he was younger, but after browsing through a children's section in disarray and dismiss- ing the "strange-looking young adult fiction" that was on display throughout the store, he left a few minutes later. "I don't think there was any real rhyme or reason to the way things were going in there now," Newman said. While Newman and others streaming into the store returned empty-handed, sometimes after only a few minutes, oth- ers emerged carrying as many as three or four plastic bags filled with books, music and movies. Bill Auernhamer, a long-time Ann Arbor resident, purchased two hardcover books from the store for a total of $1.70 in what he said was his fourth ,or fifth visit to the store since Borders announced its liquidation. Had discounts not been so steep, he said, he might not have purchased anything from a selection of books that had been "pretty well- picked over by now." "You wouldn't want to go in there looking for a specific book - you probably wouldn't find it," Auernhamer said. "But if you're looking for something that might be interesting, at a good price, you might still go in there and find something." Borders was founded in Ann Arbor in 1971 by Tom and Louis Borders. Auernhamer, an avid reader since he retired, said he is "sad" to see Borders close. "I've been coming in and out of this store forI don't know how long. I remember when this store was on State Street," he said. "I can never remember feeling so sad over a'store closing." Latest closure highlights struggle of East Liberty Street stores 0 Area sees decreased sales since Borders closed last fall ByDANIELLESTOPPELMAN Daily StaffReporter JAN. 25, 2012 - Sole Sisters, a boutique on East Liberty Street, will be closing its doors at the end of the month - joining the growinglistof businesses in the area that have ceased operating in the past few months, includ- ing Poshh, This and That, @ Burger and Borders. According -to local business owners and Tim Faley, manag- ing director of the Institute for Entrepreneurial Studies in the Ross School of Business, the rise in store closures in the area could be related to a variety of factors, including the closure of Borders in September and increased competition from upscale restaurants that have began to flourish in the area. Tamar Fowler, owner of Sole Sisters, said the company expe- rienced a decrease in sales over the course of the past six to eight months that has made continu- ing business operations diffi- cult. Though she moved to East Liberty from Fourth Avenue in 2010 in hopes of increased foot traffic, ultimately she said the rent on East Liberty was too high. "It's heartbreaking, of course," Fowler said. "You put so much time and effort into it... it does hurt a little, but it's still good because I've tried ... we made it three and a half years. I met some really great people; I love my customers, I really got to know each and every one of them." Sole Sisters, which opened in March 2010, will hopefully be revived in the future as she explores methods of reviving her business and new ways to sell her shoes, handbags and jewelry, Fowler said. Faley wrote, in an e-mail interview that in order for busi- nesses to remain open, they must accrue greater revenue than the costs paid to operate the store, noting that many df the businesses that have been successful in the area are high- er-end restaurants that serve liquor to supplement food prof- its. "While restaurants and retail shops all operate on thin mar- gins, the bottom line is that a higher-end restaurant with a liquor license - if it they can attract a, consistent stream of customers - are advantaged and can support a higher rent than small retail shop or fast- food restaurant," Faley said. Faley added that downtown Ann Arbor development asso- ciates prefer a wide variety of storefronts, mixing retail, res- taurants and other specialty shops. However, he said main- taining this diversity has been challenging as niche stores close due to low profits and high rent. "It will be interesting to see how far the mix along the Lib- erty Street corridor will ulti- mately swing," Faley said. In order to decrease the expense of maintaining a store- front, Fowler plans to display her merchandise at private parties and events, as well as develop a website for online shopping. "I feel good about it... closing these doors is just going to open up more," Fowler said. However, other storeown- ers on East Liberty said they don't feel as optimistic about the future of their businesses. Angela'Eddins, owner of Rocky Mountain Chocolate Factory, said she is concerned about the high rent and low foot traffic, attributing decreased sales to a number of factors, includ- ing the closing of Borders - a major draw for customers to the area. "Borders's closing has killed all of us," Eddins said. "We've been open for years and we can see our sales from when Bor- ders was open to when it closes, and it's downhill." Eddins said many customers may also vieW the East Liberty strip as unappealing due to the high number of panhandlers, adding that very few customers visit her store. "It's dead oow ... It's like a ghost town od there," Eddins said. "Runners cross the maize 'M' on their way to.the finish line at the Big House, Big Heart Event at the Big House on October 9, 2011 ,q ;Bi House Big Heart aims to raise $1 million 15D runners iscovery, C.S. Mott Children's Significantly, the race was Toronto in 2015. He added that Hospital and Von Voigtlander extended across the globe, with he was excited to participate in raise money for Women's Hospital and the Car- 500 U.S. troops in Afghanistan the event. diovascular Center. participating in the 5k and 10k "Running for a cause is what it cancer research Big House Big Heart started in races via avirtual feed. is all about," Bethke said before 2007 with more than 5,000 par- Sgt. Christopher Wright, a vol- he shuffled off to take pictures ByA ARON GUGENHEIM Daily StaffReporter OCT. 9, 2011 - While sweat- ing, smiling and listening to the pump ofreggae,asilentstampede W runners raced down South University Avenue yesterday on their way to the Big House. The runners participated in Big House Big Heart, a series of races devoted to raising money for local eharities and the Uni- versity of Michigan Health Sys- tem. Proaeeds from the event, which featured a 5K, 10K and two one-mile races, support three UMHS programs:he Pro- gram for Neuroogy Research & ticipants and a $150,000 contri- bution to charities. Since then, it has grown in runners and dona- tions each year. This year, the event had approximately 15,000 partici- pants and 775 volunteers, of whom 200 are student-athletes at the University. Colleen Greene, the logistics chair for Champions for Charity - the organization hosting the event - expressed enthusiasm about the growth of the event. The organization now- raises money for 147 non-profits while also supporting UMHS, Greene said. She added that this year the organization hopes to top 1 mil- lion. unteer for last year's race, helped organize the run this year in Afghanistan. At the race in Ann Arbor, run- ners finished on the 50-yard line in the Big House. Brandon Bethke was first to finish in the 10K with a time of 30:38. Bethke is a post-collegiate runner based in Ann Arbor hop- ing to make the Olympics in 2012. He qualified for the 5K in the Olympic trials with a time of 13:25 at the Payton Jordan Invi- tational in Palo Alto, Calif. Bethke said he ran in the race to check his training progress, since he's preparing for the Pan- American Games, with the next Games scheduled to take place in with eager fans. LSA junior Thomas Yeh, another participant, was sup- porting a charity called My Team Triumph. The organiza- tion, which has chapters in eight states, pairs people in wheel chairs with runners to push them through the race. "It is about being able to reach out and help out," Yeh said. Yeh added that the races pro- vide a forum for disabled people to experience something they otherwise couldn't. This year, 45 runners from MRun, a University running club, helped push three wheel chair users in the race. MRun See BIG HOUSE, Page 7A