24 Feb '12, 10pm

GoodBye PageOne, You Will Be Missed

GoodBye PageOne, You Will Be Missed by FF on February 24, 2012 PageOne closes down. So another bookshop closes. First it was Borders at Wheelock, then it was PageOne at Vivocity and now Harris at Great World is also closing down. It just seems that bookshops are not able to be profitable nowadays. Or is it simply the case that Singaporeans don’t really read anymore? I mean there are so many things online for us to read that we don’t want to fork out the money to buy a book. I think very little people actually spend more than $100 a month buying books. We could easily spend that amount in a single day on a good meal. But not on books. Sadly. And so the bookshops all around us are closing down. High rent is one factor. But I think most bookshops probably have very low profits. And it doesn’t help that people are also buying books online nowadays. Bye bye … Tagged as: Books R...

Full article: http://thefinance.sg/2012/02/24/goodbye-pageone-you-will-...

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