Sad faces abounded last December when John Scythe, owner of Glad Day Bookshop, announced that low sales had forced him to put the beloved LGBTQ book store up for sale. Today, an announcement turned those frowns upside down. A group of local Torontonians faithful to the history of the iconic store have banded together to buy the business.
“As individuals, none of us are rich. But collectively, there will be over 20 of us in the end, and we can pull it off,†said Michael Erickson, who spearheaded the purchase, which has yet to be finalized. He wouldn’t disclose the value of the deal.
Erickson is by profession a high-school teacher at Harbord Collegiate, where he specializes in English and Creative Writing, but the rest of the buyers are an eclectic mix of lawyers, government workers, playwrights, musicians, community activists, even former Glad Day employees. Charles Smith, 23, is the group’s youngest investor.
“What unites us is that everyone cares about the preservation and growth of the LGBTQ community, and books and stories are important to us in doing that,†Erickson said, in an interview.