VILLAGE GREEN BOOKSTORE INC
8-K, 1996-03-26
MISCELLANEOUS SHOPPING GOODS STORES
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549




                                    FORM 8-K



                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934



                         Date of Report: March 13, 1996
                       (Date of earliest event reported)


                        THE VILLAGE GREEN BOOKSTORE, INC.
             (Exact name of registrant as specified in its charter)




         New York                       0-16007                 16-1181167
(State or other jurisdiction         (Commission               (IRS Employer
     of incorporation)                File Number)           Identification No.)



                     1357 Monroe Avenue, Rochester, NY 14618
               (Address of principal executive offices) (Zip code)



                                 (716) 442-1151
              (Registrant's telephone number, including area code)



                                       N/A
          (Former name or former address, if changed since last report)



<PAGE>



Item 5.  Other Events.

     On March 13,  1996,  The Village  Green  Bookstore,  Inc.  (the  "Company")
announced that it was closing its store at 3670 McKinley Parkway,  Blasdell, New
York.  The  store is  operated  by Erie  County  Books,  Inc.,  a  wholly  owned
subsidiary  of the  Company.  The  Company's  press  release with respect to the
foregoing is annexed as an Exhibit to this Current Report on Form 8- K.


Item 7.  Financial Statements and Exhibits


(c)  Exhibits

     Press Release of The Village Green Bookstore, Inc. dated March 13, 1996.


                                       -2-

<PAGE>



                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant caused this report to be signed on its behalf by the undersigned duly
authorized.


                                            THE VILLAGE GREEN BOOKSTORE, INC.
                                            (Registrant)



                                            By: \s\ Raymond C. Sparks
                                               ----------------------------
                                               Raymond C. Sparks, President

DATED: March 26, 1996

                                                        -3-






                                     Exhibit


     Press Release of The Village Green Bookstore, Inc. dated March 13, 1996




<PAGE>


                                  VILLAGE GREEN
                                   Bookstores
                  1357 Monroe Avenue, Rochester, New York 14618
                          716 442-1151 Fax 716 442-9273



For immediate release
March 13, 1996
For further information, please contact: Ray Sparks, President and CEO



VILLAGE GREEN ANNOUNCES STORE CLOSING


     The Village Green Bookstore,  Inc., 1357 Monroe Avenue, Rochester, New York
announced  today  that  it was  closing  its  store  at 3670  McKinley  Parkway,
Blasdell,  New York. The store is operated by Erie County Books,  Inc., a wholly
owned subsidiary of The Village Green.

     The Company will continue to review its stores to identify  underperforming
facilities and may close  additionally  stores in the future.  As a result,  the
Company is seeking to reduce  corporate  overhead  and focus its  attention on a
smaller but more efficient number of stores.




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