Living Oasis decline "extremely regrettable" - BA

Written By: Lisa Campbell Publication Date: Fri, 15/07/2011 - 14:34 Christian bookselling chain Living Oasis has admitted only one of its branches is making any profit as it culled another shop last week, reducing its total number of stores from 19 to four in just four months. Living Oasis Cheltenham shut up shop last Friday (8th July), becoming the chains fifth closure in four weeks. Ray George, the chains owner, said only the Harrogate branch is making money. On average the recently closed stores were losing £2,000£4,000 a month, which George said was unsustainable. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-07-15 00:00:00 UTC ]
News tagged with: #ray george #making money #total number

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