Singapore’s largest bookstore, the Books Kinokuniya flagship in Takashimaya shopping centre on Orchard Road, is downsizing – again. The company said changes will include refinement of its book collection while incorporating a lifestyle element, including a…
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…
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…
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…
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…
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…
Publisher First News has sued the e-commerce platform Lazada, charging it with repeatedly abetting the sales of pirated books and ignoring its warnings. The Ho Chi Minh City-based company announced on Wednesday that it had filed a suit in the District 1…
Tsutaya Books commissioned Hikohito Konishi / HIKOKONISHI ARCHITECTURE Inc. to design the company’s twentieth store since its restructuring, located in the city of Ebetsu, Hokkaido. The site is adjacent to Ebetsu’s Four Seasons Promenade, a landscaped walking…
Swindon Book Co, one of the oldest bookstores in Hong Kong, will permanently close at the end of this month. The 5000sqft Tim Sha Tsui venue, with its distinctive vintage storefront on Lock Road, has operated for more than a century. Its closure comes as…
With the coronavirus pandemic prompting the growing popularity of ‘untact consumption’, South Korea’s publishing industry is seeing online book sales outstrip offline sales. Kyobo Book Center, the No. 1 online and offline bookstore in South Korea, says that…
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…
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,…
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…
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…
Design firm Wutopia Lab has designed a unique “books above clouds” store in Shanghai’s tallest building for Duoyun Books. The design for 2259sqm flagship located on level 52 of Shanghai Tower was commissioned by Shanghai Century Publishing to provide space…
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…