UConn has narrowed its search for its next campus bookstore operator and expects to make a final decision in the next few weeks.
University officials reported to the board of trustees recently that UConn is in negotiations with Barnes & Noble and Follett, both of which operate hundreds of campus bookstores around the nation.
A third finalist, the UConn Co-op, recently was advised that its proposal was no longer under consideration.
The final stages of the selection process are expected to conclude in the next few weeks. The recommendation comes from a committee of student, faculty, staff, and alumni representatives, according to a UConn statement.
University President Susan Herbst said a relationship with either Barnes & Noble or Follett represents new revenue to UConn – into the millions annually – which the university has decided it will devote to student financial aid and student support.
Herbst noted both companies have demonstrated strategies to provide lower-cost alternatives to students, as well as price-matching programs for academic materials.
UConn said not only will course materials not be more expensive than the UConn Co-op currently offers, they likely will be more affordable. Language will be included in the final contract that restricts the ability of the chosen company to increase the cost of academic materials.
