04 Feb '12, 12am

Harris Bookstores has announced that it will close its Great World City outlet on Feb 19

Harris Bookstores has announced that it will close its Great World City outlet on Feb 19

A spokesman for Popular Holdings, which owns Harris, said it was no longer viable for the six-year-old store in Great World City to stay open as the landlord had asked for more than double the rent it is paying now. -- ST PHOTO: JASON QUAH By Ng Kai Ling Soaring rents and shrinking profits in the book business have claimed another victim. Harris Bookstores has announced that it will close its Great World City outlet on Feb 19. The company used to run three stores, including a bookshop in Jurong Point which was closed in November. From Feb 19, it will have only one store, Harris Planerds at [email protected], which specialises in graphic novels. This is the latest in a string of recent bookshop closures including, most notably, that of Borders' two stores at Wheelock Place and Parkway Parade in August and September last year. A spokesman for Popular Holdings, which owns Harris, ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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