Anguish as 'oldest bookshop chain in Greece' to close

The owner of the oldest bookshop chain in Greece has told of her devastation at closing her last store after the financial crisis in the country hit the business “like an avalanche”. The 118-year-old Athens bookstore of Eleftheroudakis, run by Sofika Eleftheroudaki, will close on 30th September following a seven-year debt crisis. In that time, turnover at the company has plummeted from €24m in 2008 to €0.5m today, with employees falling from 130 to 10 as it was forced to shut all but one of its two dozen stores. Continue reading at 'The Bookseller'

[ The Bookseller | 2016-09-24 00:00:00 UTC ]
News tagged with: #financial crisis #30th september #dozen stores

Other Publishing stories related to: 'Anguish as 'oldest bookshop chain in Greece' to close'


Anguish as 'oldest bookshop chain in Greece' to close

The owner of the oldest bookshop chain in Greece has told of her devastation at closing her last store after the financial crisis in the country hit the business “like an avalanche”. The 118-year-old Athens bookstore of Eleftheroudakis, run by Sofika Eleftheroudaki, will close on 30th September... Continue reading at The Bookseller

[ The Bookseller | 2016-09-24 00:00:00 UTC ]
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One of the country’s oldest Black-owned bookstores is closing.

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