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Tag: Bookstore

Retail Asia25/08/2022
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Living

Bookstore chain Fahasa says profits rise 65%

1min0
Leading bookstore chain Fahasa saw its first half profits surging 65% to VND15.4 billion (US$657,000). Revenues rose by 10.8% to VND1.77 trillion. It had an excellent second quarter with profits of VND11.05 billion on sales of VND1.13 trillion. For the full year it targets profits of VND18 billion and revenues of VND3.5 trillion, up 3,051% […]
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Retail Asia03/03/2022
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General

Amazon to close physical bookstores

3min0
Amazon is closing most of its physical stores, the company announced today, with all 68 of its Amazon Books, Amazon 4-Star, and Amazon Pop Up locations across the US and the UK set to close while the company refocuses on its grocery and fashion stores. Amazon Books was one of the primarily online storefront’s first physical […]
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Retail Asia19/11/2020
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General

Eslite opening mega store in KL, Malaysia

4min0
Eslite Spectrum Corp (誠品生活), which runs the Eslite bookstore chain in Taiwan and abroad, yesterday inked an agreement with Malaysia’s YTL Corp Bhd to open a branch in downtown Kuala Lumpur in 2022. The two sides signed the partnership via a teleconference to launch the Taiwanese bookstore brand in YTL’s mixed-use property The Starhill in […]
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Retail Asia21/10/2020
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Living

Japan’s Tsutaya Books opens first China outlet

2min0
Famed Japanese franchise Tsutaya Bookstore said at the ongoing Shanghai Book Fair that its first branch in the city is scheduled to open in December. The bookstore chain has joined hands with major Chinese property developer Vanke to build an artistic outlet in the Changning District of Shanghai, which will be on a par with […]
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Retail Asia12/06/2020
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Living

Malaysian bookstore MPH shifting focus to online

2min0
Malaysian bookstore chain MPH is closing multiple stores as it moves to a digitally-driven omnichannel business model. The company is not closing down, despite much speculation on social media concerning the impending closure of multiple stores. A recent Facebook post revealing nine MPH stores in the process of shutting shop went viral, with many users […]
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Retail Asia01/06/2020
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Living

Taiwan’s Eslite to make Southeast Asian debut in Malaysia

1min0
Taiwanese bookstore chain Eslite is preparing to launch in Kuala Lumpur. Although final details have yet to be released, the new 3300–6600sqm store will likely trade in downtown Kuala Lumpur. The opening, scheduled for next year and potentially delayed due to Covid-19 concerns, will see Taiwan’s largest bookseller opening its first store in Malaysia. Earlier […]
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Retail Asia20/03/2020
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Living

Bookstore chain Popular exits Hong Kong, shuttering all 16 stores

2min0
Singapore-based bookstore-chain Popular has fallen victim to the coronavirus pandemic and shuttered all 16 stores in Hong Kong, effective immediately. However, Popular’s other non-retail businesses in publishing and distribution will continue to operate locally. The company was recently taken to court by Palliser Investments over unpaid rent for its Whampoa Gardens branch during the past […]
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Retail Asia10/10/2019
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Living

Eslite Bookstore to open outlet in Tokyo

1min0
Taiwan’s Eslite bookstore chain is set to launch its first outlet in Tokyo this week. The store opening marks Eslite Spectrum Corp’s 30th anniversary as well as the first time for the firm to start-up business in a territory where Chinese is not spoken. The 50th Eslite location, it will trade in books and other […]
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Retail Asia20/09/2019
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General

Zhongshuge Minhang bookstore announces grand book hall

1min0
new bookstore in Shanghai’s Minhang District has been featured on designboom.com for its remarkable design. The Zhongshuge Minhang store was created by Chinese architectural firm X+living and installed in a third-floor business park location. The store features a black book wall with groups of peg-top bookshelves under a soft light, as well as a text-covered curtain wall […]
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Retail Asia05/09/2019
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Living

Cafes and bookstores in China riding wave of creative boom

4min0
China’s cultural and creative industries are entering a positive era, according to a new report by Mintel, Cultural And Creative Products Retailing. And cafes and bookstores in China are among the primary beneficiaries. The firm found that with China shifting from a primarily manufacturing economy toward a more service- and creative-centric one, Chinese consumers are […]
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Retail Asia31/07/2019
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Living

MPH Bookstore may quit Singapore

2min0
Malaysia’s MPH Bookstore may exit Singapore, closing its last outlet by September. The chain announced its plan to close Raffles City and Parkway Parade outlets on July 28 and September 1 respectively. But the company signalled it is open to replacing the two outlets with a single store if it can find the right location […]
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Retail Asia16/07/2019
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Living

Popular bookstore at Thomson Plaza Closing Down

1min0
The Popular bookstore at Thomson Plaza has closed after 31 years. The outlet, which has traded since 1988, has been closed due to what the owners describe as “lease issues”. Popular invited its customers to share their memories of the Thomson Plaza store in a Facebook photo contest which will end tomorrow. Three winners will […]
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Retail Asia20/03/2019
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Living

Eslite Taipei bookstore closing down

1min0
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 […]
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Retail Asia30/01/2019
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Living

WH Smith opens two further stores in Philippines airports

1min0
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 […]
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Retail Asia19/10/2018
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Living

Eslite to open in Japan with partner

1min0
Taiwanese bookstore chain Eslite is planning to expand into Japan. The prominent bookstore business is using the move to build its international profile, and has announced its plans as amounting to a “new starting point for cross-culture ventures”. Eslite’s Japanese partner has yet to be named. The firm’s long-term plan is to expand into Southeast […]
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Retail Asia02/04/2018
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Logistics

DHL eCommerce service turns page with bookstore

5min0
A delivery service launched by DHL eCommerce that makes use of shops as drop-off points has received a boost with the participation of nationwide retailer SE-ED Book Center.The logistics operator yesterday said the operator of the bookstore chain was joining its domestic delivery service known as e ServicePoints, tapping demand in the fast-growing e-commerce sector. […]
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Retail Asia30/10/2017
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Living

Yes24 testing robot to help out in bookstore

1min0
Bookseller Yes24 is trialling an autonomous robot, nicknamed Around, at its secondhand bookstore in Busan. Its prime job is to collect books that have been read by customers, but it is also helpful for staff members. Yes 24 collaborated with Naver Labs for a year on developing the robot as well as an “air cart”, […]
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