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In line with a report on The New Paper, Occasions Bookstores will likely be closing its Centrepoint outlet on 23 Sept.
This comes after information that Malaysian bookstore chain MPH was closing the shutters of its final 2 shops in Singapore, situated at Raffles Metropolis and Parkway Parade.
There have been plans to relocate to a single outlet, and causes cited for the closures had been “unsustainable” excessive rental prices and “intense competitors” from main ecommerce gamers.
In April, Japanese bookstore chain Books Kinokuniya additionally closed its Liang Courtroom outlet, whereas homegrown chain Standard closed its Thomson Plaza outlet in June.
A spokesman for Occasions Bookstores advised The New Paper, nonetheless, that the closure of their Centrepoint outlet is “a part of Occasions Bookstores’ ongoing renewal of retailer places now and again”.
After the closure, guide lovers will nonetheless be capable of store at Occasions bookstores at Paragon, Plaza Singapura, Jelita, Marina Sq., Tampines 1, and Waterway Level.
Occasions additionally has an ecommerce web site, GoGuru.com.sg.
For these seeking to go to Occasions Centerpoint for one final time, the outlet can be having a transferring out sale with 50% reductions for members and 30% reductions for non-members till its final day.