Steimatzky May Be Sold as Book Retailer Faces Cash Crunch

Publishing executive warns that Steimatzky’s collapse could have a domino effect across the book industry.

Ron Lubash, head of the Markstone Capital Group private equity, will put the Steimatzky book store chain up for sale in the coming days if he can’t find a quick solution to the retailer’s cash flow crunch, sources told TheMarker on Tuesday.