Booktopia may have collapsed, but here’s why bookshops are not endangered
Inside Retail
JULY 5, 2024
By contrast , the independents and local chain stores have certainly shrunk in number, but are holding up reasonably well. Founded in 2004, the company grew quickly , from turning over $2000 in the first month, to $30,000 in the fourth. Yet shortly after its 20th birthday, Booktopia has gone into receivership.
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