The Bookstore Operates on your 2
Current Operations Report
T wo cents out of every sales dollar is the Bookstore s income after expenses. As
a non-profit corporation, the 2% is put back into the store for improvement and
operations. These come in the form of lower prices, improved selections, better
service, and sponsoring the 11% textbook discount.
The Bookstore is a non-profit corporation
and earns 2t on every sales dollar, and then
those 2$ are reinvested in Bookstore opera
tions This means the prices you pay at the
Bookstore are used primarily for the cost of
goods and operating expenses
The principle goal of the Bookstore is to
meet demands of the students, faculty and
staff at the University of Oregon by carrying
books and supplies the University needs at the
lowest price possible This entails having mer
chandise as diverse as the University popula
tion as well as having affordable quality
The Bookstore s finances are closely moni
tored by the elected Board of Directors to
assure that the Bookstore operates as close to
the financial break even point as possible, but
allowing enough cash flow to remain in the
business of serving the University community
Six Complete Departments
Each department takes pride in its selection
of modern merchandise, boasting both quality
and moderate price
The School Supply department is able to buy
paper cheaper and with greater variety
because the Bookstore pools buying power
with 55 other college bookstores in the 8
western states The University of Oregon
Bookstore is a very active participant in this
buying group and the General Manager of the
Bookstore currently serves on the buying
committee
The Bookstore occasionally puts all mer
chandise. excluding textbooks, on a 20%
Off sale. Last term during finals week,
Bookstore shoppers took advantage of
the sale and saved $36,000.
The Electronics department has grown to be
a busy corner at the Bookstore They have one
of the largest selections of calculators in the
area, ranging from $10 00 to $750 00 and have
a one day film processing service
The General merchandise department
offers the convenience of many items sun
dries, t-shirts, sporting goods, greeting cards,
and magazines to name a few
The General Book and the Art and Archi
tecture departments are two modern complete
stores within the Bookstore The selection is
geared to the needs and interests of the
University population
All textbooks are discounted
11% and last year saved the
student body $302,000.
The Textbook department, accounting for
44% of Bookstore sales manifests the purpose
of the Bookstore, serving the students with
texts they need as well as trying to lower the
book bill
The Bookstore has increased the selection
and quantity of used books as well as main
taining the 11% discount on all texts in efforts
to save the students money when buying text
books
Very tew college bookstores discount text
books in fact, more and more bookstores are
adding to the publisher's list price to pass on
the high cost of freight
Each year the Board of Directors has decid
ed that the primary goal of the Bookstore
should be to keep textbook prices as low as
possible The Board, the majority being
students, know their fellow students want the
best value possible on their textbooks This is
why the Bookstore offers the 11 % discount and
buys as many used textbooks as possible
Sales on used books has increased 82% since
July 1, 1981
The Bookstore is constantly trying to remedy
those long lines when you buy your books We
employ more cashiers and check verifiers,
have a cash only line and extend hours until 8
p.m
Disposition
of Sales Dolkr
Year Ended
June 30, 1981
13.4% salaries
7.9% operating expenses
2% net income
76.7% cost of goods
Finances
Any financil success the Bookstore enjoys is
passed alog to the membership in the form of
lower price, improved selection of merchan
dise and beter service. Last year's net income
was $141,71. The Board of Directors works
hard to aqust the financial results of the
Bookstoreto best serve its membership.
Textbook discounts, year around discounts
on certain merchandise, special sales and
occassional storewide discounts are exam
ples of how the Board assures that the mem
bership can take advantage of any financial
success the Bookstore earns.
Statement of
Disposition
of Revenue
Year Ended June 30, 1981
Sources of Revenue
Merchandise sales . $5,588,160
Interest Income .$21,938
Other .$18,104
TOTAL REVENUES . $5,628,202
How Revenue was Spent
Cost of merchandise sold . $4,285,742
Salaries and wages .$748,270
Other operating expenses .$441,406
Interest expense .$11,613
TOTAL COSTS & EXPENSES $5,487,031
NET EARNINGS .$141,171
The UO Bookstore Board of Directors
Front Row: l to r Scott Essig Bobbie Wetdner Wayne Shmseki
Second Row: Fred Wilhelm. Ted Shimanuki Bryan Van Meter Third
Row: Karla Ritter John Ragsdale Muriel Jackson Back: Mark
Burgess Not pictured: Robert Lang
Board of Directors
The University Bookstore is governed by 8 students, 2 faculty members
and a classified staff person. The Board of Directors are elected by the
University Community and they are the policy-making body of the
Bookstore. All members, the University at large, are invited to attend
the monthly meetings and address the Board The agenda is posted in
the Bookstore prior to each meeting You may also contact the
Bookstore’s General Manager, Jim Williams at 686-4331.
Bobbie Weidner
Wayne Shinseki
Ted Shimanuki
Scott Essig
Mark Burgess
Bryan Van Meter
John Ragsdale
Karla Ritter
Fred Wilhelm
Robert Lang
Muriel K Jackson
President
Vice President
Treasurer
Secretary
Classified Staff
Faculty
Faculty
Graduate, Management
Senior, Marketing
Senior, Marketing
Junior, Finance
Sophomore, Architecture
Junior, Marketing
Graduate, Management
Senior, Management
Research Administrator
History Dept
Asst for Administration,
Office of the President
Th&ookstore discounts all textbooks 11%. Last year the discount amounted to
$30,000 which means the Bookstore saved every full-time student $21.00. If
youwere to go to the Beer Garden with your years savings, you could buy 14
pitchers of beer.
I
Services
All students, faculty and staff of the University of Oregon are members of
the University Bookstore Membership allows you the many services
offered at the Bookstore. Also as a member your suggestions to better the
Bookstores operations are always appreciated.
• Free gift wrapping of Bookstore merchandise
Free notary public
Film and film processing
Rental typewriters
Cassette tape duplicating
• Bake sale tables for
•Key duplicating
• Postage stamps
• LTD fast passes and tokens
• Self-service photo copiers (5$)
n-profit campus groups
• Emerald classifieds
I
Put in your 2* worth
The Bookstore is asking all members, the University at large, to con
tribute suggestions on how to make the Bookstore a more convenient
and complete place to shop.
Please write a suggestion in the space provided or on any other paper
and give it to the cashier.
I’d like to see the Bookstore carry_
Suggestions on Bookstore operations