Business/Economy

After looking for new space, Title Wave Books will stay put

After mulling a move to a new location, Anchorage's Title Wave Books will remain one of the larger tenants at Northern Lights Center strip mall, the store announced in a Facebook post last week.

"It looks like we'll be staying here, at our same great Spenard location," the post said. "We'll be remodeling and reworking the space to fit us even better."

The used bookstore's current lease is up at the end of April.

Longtime store manager Angela Libal will soon take over as Title Wave's new owner. As part of the ownership change, all trade credit and gift certificates at Title Wave will expire March 15.

Reached Tuesday, Libal wouldn't discuss details about the remodel or other changes to the store.

"I am not ready to speak further on the matter," she said in an email. "We're focused on helping our customers here in the store and getting the word out about the trade credit expiration deadline."

[Big changes might be coming to a popular Midtown Anchorage shopping center]

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In December, Libal said the store credit wasn't a debt she could afford in the purchase of Title Wave from current store owners, Julie Drake and Steve Lloyd. She also said at the time there would still be a store credit system under her ownership.

When interviewed last year, Libal said if Title Wave stayed at its current location, "we'd like to condense the size." The store currently occupies about 33,000 square feet.

Title Wave's book buyback counter will be closed in March and April "while we move things around," the store said, and it won't be buying books during that time.

Annie Zak

Annie Zak was a business reporter for the ADN between 2015 and 2019.

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