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SBC's struggling Lifeway sells its new HQ building

Discussion in 'General Baptist Discussions' started by Jerome, Jan 27, 2021.

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  1. Jerome

    Jerome Well-Known Member
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    Just a few years ago the Convention's publishing arm sold another much larger headquarters (for 125 million $$$) and retreated to downsized digs in Nashville's North Gulch.

    No word yet on how much $$$ they're getting selling off the new headquarters they built in 2017:

    Nashville Post • January 27, 2021 • Press release: headquarters building LifeWay built in 2017 is "under contract to be sold"

    The sale price and buyer were not disclosed. "The release notes Lifeway will continue to occupy a portion of the North Gulch building over the near term until it determines a location for its new headquarters."
     
    #1 Jerome, Jan 27, 2021
    • Informative Informative x 2
  2. lanman87

    lanman87 Member

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    Just like other retailers, Amazon has hurt Lifeway. Christianbook.com has also left a mark. Almost all chain "Christian" bookstores have gone out of business. I used to enjoy a trip to the Lifeway store to browse Bibles and Christian books and music.

    I wonder if they still are the primary resource for Southern Baptist Churches Sunday School material?
     
    #2 lanman87, Jan 29, 2021
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