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Tag: reading

Retail Asia27/10/2023
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General

Amazon books 244 per cent surge in net income

3min0
Amazon has delivered a stunning 244 percent growth in third-quarter net income as – in the words of one analyst – it overrides the slight slowdown impacting the wider US consumer economy. The e-commerce giant booked a net income of $9.9 billion during the third quarter of FY23, which GlobalData MD Neil Saunders attributes to […]
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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 Asia27/03/2020
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E-Tailing

JD offers a helping hand to boost bookstore sales in China

2min0
E-commerce platform JD has helped boost bookstore sales in China during the coronavirus outbreak. Last month, sales of two children’s bookstores – Caldecott Bookstore and Zhongshang Children’s Books – increased by 221.6 percent and 282 percent respectively, year on year. According to JD, the increased bookstore sales in China are attributed to consumers staying home […]
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Retail Asia17/10/2019
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Electronics

Amazon launches Kindle Kids Edition

2min0
Amazon just announced the Kindle Kids Edition, an e-reader geared towards children. Though the internet giant has sold Fire tablets marketed under the Kids Edition label, this is the first time Kindle e-readers have gotten the same treatment. The bundle is available for pre-order now. The Kindle Kids Edition comes with the base 10th-generation Kindle, […]
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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 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 Asia01/07/2019
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E-Tailing

Booktopia expires crowdfunding plans

3min0
Booktopia has pulled out of plans to raise $10 million from customers and everyday Australians after struggling to reach its minimum goal for investment. The business announced last year that it was looking to raise at least $3 million and up to $10 million through the crowdfunding platform Equitise. At the time, it was publicised […]
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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 Asia15/02/2019
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Living

SoftBank Ventures invests in Trevari, a Korean book club

1min0
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 […]
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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 Asia02/01/2019
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Living

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

5min0
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 […]
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