Yes, Cody's closed. It was generally busy but apparently not many of the people making it busy were buying books. The owners say that the store had been losing money for many years and finally they couldn't justify keeping it open (I believe other branches of the store are still open, just not the one on Telegraph).

Well, I spent a lot of money in there the one time I went, but the T. S. Eliot girl was reading in the aisle. Why anyone would choose to stand in a bookstore to read Eliot is beyond me.

But I can see why that particular store was losing money.