BOOKS
06/15/2011 03:34 pm ET Updated Aug 15, 2011

Downtown Los Angeles' The Last Bookstore Defies Trends

Before launching a business, some people invest in market research and feasibility studies. Josh Spencer is not one of those people — otherwise he might never have opened his downtown L.A. used bookstore in December 2009, let alone moved it a few blocks away this month to a 10,000-square-foot space.

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