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James Lackington

(1746-1815)
British business
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James Lackington (31 August 1746, in Wellington, Somerset – 22 November 1815, in Budleigh Salterton, Devon) was a bookseller who is credited with revolutionizing the British book trade. A shoemaker's son trained as a cobbler, he showed early initiative by selling pies and cakes in the street when aged 10 and teaching himself to read. In August 1773, Lackington arrived in London with two shillings and sixpence, and would eventually become a wealthy man. He is best known for refusing credit at his shop which allowed him to reduce the price of books throughout his store. He printed catalogues of his stock; according to Lackington's biography, the first edition contained 12,000 titles. He bought whole libraries and published writers' manuscripts. He also saved remaindered books from destruction and resold them at bargain prices, firmly believing that books were the key to knowledge, reason and happiness and that everyone, no matter their economic background, social class or gender, had the right to access books at cheap prices.

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Born
31 August 1746
Wellington, Somerset
Died
22 November 1815 (aged 69)
Budleigh Salterton, Devon
Zodiac Virgo
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