Books

Retail Asia20/03/2019

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Eslite Taipei, the world’s first 24-hour bookstore, is scheduled to shut down next year. The popular Taiwanese bookstore chain will discontinue its flagship location in Dunnan, upon the expiry of its lease next year after 19 years of trading. The firm’s chairwoman Mercy Wu has admitted that no plans for the store are in the […]

Retail Asia15/02/2019

SoftBank Ventures announced Tuesday it invested 4.5 billion won ($4 million) in Trevari, a Korean book club operator. Fast Investment, another venture capitalist firm, invested an additional 500 million won in Trevari’s first publicly-announced funding round. “While adults today are reading less and less, the Trevari team has proven the success of its business model […]

Retail Asia30/01/2019

International news and convenience retailer WHSmith has opened two new stores at Mactan-Cebu International Airport. The new branches under local franchise partner Regent Distributor Philippines join three existing stores at Mactan-Cebu and Manila Ninoy Aquino International Airports showcasing the retailer’s latest fascia, fixtures and fittings. The move is part of the brand’s overall strategy to […]

Retail Asia02/01/2019

In the age of digitalization, shopping malls have evolved from a place for consumption to the “Third Space” in people’s everyday lives. Shopping malls provide a comfortable and relaxing environment with humanitarian touches by truly connecting with customers. CityOn.Xi’an has recently collaborated with the nationwide famous audio sharing platform Himalaya to build China’s first ‘Audio […]

Retail Asia19/04/2018

Priceline owner Australian Pharmaceutical Industries’ half-year net profit has fallen by 14.4 per cent to $24.9 million on lacklustre retail sales from its retail pharmacy network. Underlying net profit after tax, excluding $1.8 million of restructuring and strategic growth costs, was down 8 per cent on the prior corresponding period to $26.8 million, slightly ahead […]

Retail Asia02/10/2017

National Bookstore plans to double its store network to 500 while strengthening its online presence. A revamped website will soon enable shoppers to browse and buy from the store’s online catalog and pick up the merchandise in physical stores, says MD Xandra Ramos-Padilla. The chain hopes to open its 240th store by the end of […]

Retail Asia03/01/2017

From spelling out New Year’s resolutions to jotting down designer brainwaves, sometimes only a pen and paper will do, even in the digital era. And those are the kind of niches that have enabled Italian notebook manufacturer Moleskine to leverage its historically evocative brand into the kind of rapid growth not usually associated with the […]

Retail Asia22/11/2016

The chain’s remaining outlets at Festival Walk in Kowloon Tong and Harbour City in Tsim Sha Tsui were closed for business with notices on the doors stating that stocktaking was under way. Another notice read that KPMG’s top restructuring officials Edward Middleton and Patrick Cowley have been appointed as receivers of the “Page One The Designer’s […]

Retail Asia26/02/2016

There was much ado in literary circles about British book retailer Foyles’ 2011 decision to fend off the digital media onslaught by investing in an “experience” bookstore. As in an actual, bricks and mortar shop. “You can sit at home and buy a book, and have it delivered to your door, but you don’t get […]

Retail Asia14/01/2015

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Hong Kong’s largest English- language bookseller, Dymocks, is to end its 15-year local presence in an industry battered by high rents and shifting reading habits. To view the full article (note: you must be an scmp.com subscriber), visit scmp.com. (From seven days after publication, this article will appear in Archive Search.)

Tag: Books

Eslite Taipei bookstore closing down

SoftBank Ventures invests in Trevari, a Korean book club

WH Smith opens two further stores in Philippines airports

China’s first ‘Audio Library’ in a shopping mall opened

Priceline books slow down beauty sales

National Bookstore plans two-pronged expansion

Enduring lure of pen and paper boosts Moleskine

All PageOne bookstores close in Hong Kong as liquidators take over

The Hong Kong book shops thriving in the face of digital dominance

Bookseller Dymocks to close flagship IFC Mall store and HK office