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Real Estate Notes for Nov. 10

Real Estate Notes for Nov. 10
Modified: November 9, 2012 at 6:48 pm •  Published: November 10, 2012

Publisher to close state stores

Nashville, Tenn.-based Cokesbury, the retail arm of the United Methodist Publishing House, said it is closing its 38 stand-alone, bricks-and-mortar stores and 19 seminary stores early next year, including locations in Oklahoma City and Tulsa, to focus on digital sales and its call center.

Cokesbury has stores at 7005 N May Ave. in Oklahoma City and 6024 S Yale Ave. in Tulsa. Nationally, about 185 full-time employees plus 100-plus part-time workers will lose their jobs as Cokesbury launches an initiative it calls CokesburyNext, The Tennessean reported.

The United Methodist Publishing House saw overall sales increase 2 percent last year to $86 million with nearly a third coming from brick-and-mortar Cokesbury bookstores. Cokesbury stores sell Bibles, books, curriculum materials and supplies for congregations, seminaries, church leaders and study groups across all denominations.