 | |
| Company type | Private[1] |
|---|---|
| Industry | Retail |
| Founded | 2003 |
| Founders | Daryl Butcher, Jason Meyer |
| Headquarters | Tukwila, Washington[1] |
Key people | Kenneth F. Goldstein, CEO Mike Ward, Chief Innovation Officer[1] |
| Products | New and used media: books, DVDs, etc. |
| Owner | MMF Capital Management LLC, KCB Management LLC[1] |
Number of employees | 900 (2020[2]) |
| Website | www |
ThriftBooks is a large web-based used bookseller headquartered nearSeattle,Washington.[3] ThriftBooks sellsused books,Blu-ray discs,DVDs,CDs,VHS tapes,video games, andaudio cassettes. ThriftBooks' business model "is based on achievingeconomies of scale through automation."[4]
Selling over 165 million books since its inception in 2003, ThriftBooks is considered one of the largest sellers of used books in the United States and has seven warehouses across the United States.[5] ThriftBooks was founded in the summer of 2003 by Daryl Butcher and Jason Meyer. The two created software that organizes and lists thousands of book titles per day.[6] Since 2004, it has partnered withlibraries, which provide unsorted books and get a share of the profits. The first library systems to join wereKing County,Pierce County, andNorth Central.[6]
Thriftbooks is popular among book collectors—particularly with those shoppers choosing to avoidretail giantAmazon—for being one of few North American online bookselling platforms that is independent rather than a subsidiary of Amazon.[7][8] Thriftbooks offers a loyalty program called Reading Rewards, where points earned from purchases can be redeemed for free books.[9]
ThriftBooks opened a 190,000-square-foot (18,000 m2) processing center in Phoenix in 2021.[10] Kenneth F. Goldstein currently serves as the Chairman and CEO and Mike Ward is the Chief Innovation Officer of ThriftBooks.[11]