Remembering Leonard Riggio: The Legacy of Barnes & Noble’s Former Owner
Leonard Riggio, the visionary behind Barnes & Noble, passed away at the age of 83. His journey began in 1971 when he used a $1.2 million loan to purchase the company’s name and flagship store in Manhattan.
Under Riggio’s leadership, Barnes & Noble grew to become the nation’s most powerful bookseller before facing challenges from online retailers like Amazon. Despite this, Riggio’s influence on the publishing industry was profound.
His legacy is remembered as a time of innovation and a love for reading. Riggio transformed Barnes & Noble into a network of “superstores” that combined discount prices with a welcoming atmosphere, featuring couches, reading chairs, and cafes.
Riggio’s impact extended beyond the business world. He often championed social causes and philanthropy, earning respect from both his peers and competitors. His passion for reading and the arts, along with his liberal political outlook, endeared him to many in the industry.
While Barnes & Noble faced challenges in the digital age, Riggio’s vision continued to inspire a love for physical bookstores. His unexpected alliance with independent booksellers in later years showcased his commitment to keeping the tradition of brick-and-mortar stores alive.
Leonard Riggio’s story is one of resilience, innovation, and a deep-rooted passion for books. His impact on the publishing industry will be remembered for generations to come.
A Legacy Remembered
Riggio’s legacy lives on through Barnes & Noble and the countless readers whose lives have been touched by his vision. As we remember his contributions, let us also celebrate the enduring power of books and the communities they create.
