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Granada Books Closing

The struggling State Street store tried to rally funds to keep it afloat.

Granada Books Closing
Left to Right: Granada Books' Ellen B. Jue, co-owner Sharon Hoshida, and Braylie Kent

"It is what it is, as sad as it is," said Sharon Hoshida, co-owner of Granada Books, which will close May 3 after less than two years in business .

The State Street store — hit hard early on by bad floor management that soured customers — launched a crowdfunding campaign two weeks ago to raise $50,000 and keep it afloat for the rest of the year, but fell $30,000 short by the March 30 deadline.

Contributors can reclaim their donations, and any money left over will be put towards workers' salaries, Hoshida explained. "We really appreciate the support we received from the community," she said. "I don't want people feeling guilty about taking their money back."