Book Store hours will be reduced overall, but extended during heavy volume periods.
Follett, the company that operates the NYU Bookstore, has informed the University that, beginning next week, it will reduce the hours of the NYU Bookstore. The change in hours reflects the economics of brick-and-mortar bookstore operation, according to Follett.
When Follett took over bookstore operations, it extended the hours, which are currently: Monday- Friday, 9 am - 8 pm; Saturday, 10 am – 6 pm; and Sunday, 11 am-6 pm. Beginning Saturday, Oct. 19, the hours will be Monday - Friday, 9 am - 6 pm, and Saturday, 11 am - 5 pm. The bookstore will be closed on Sundays.
Extended Hours During Rush Periods
In addition, Follett has committed to extended hours during the period at the beginning of each semester to meet student needs when there is heavy a volume of students purchasing course books.
Reduction of Part-time Staff, but Provisions Made for NYU Student Workers
In line with the shorter hours, Follett will reduce the number of part-time workers in the store, eliminating about half the positions.
However, part-time NYU graduate student workers will continue to be employed at the store, and part-time NYU undergraduate workers will be offered positions at the same pay elsewhere in the University. None of the full-time associate staff - particularly those who transitioned from NYU to Follett – will be laid off.
Follett was selected in August 2017 to operate NYU's bookstore as part of the University's affordability efforts, because Follett's place in the textbook market allowed it to offer prices that the NYU Bookstore, on its own, could not equal. The result has been a substantial reduction in book costs for NYU students, roughly 25%-75% depending on the course materials, resulting in roughly $3 million in savings since Follett took over in July 2017.