Behind Booktopia’s demise and what it says about the future of indie bookstores

The collapse of Australian online book retailer Booktopia has not come as a shock but rather a reminder that retailers, especially in publishing need to maintain a competitive edge. The compounding reasons that led to the voluntary administration have been cited as a slowdown in book sales, reduced discretionary spending and overspending on a distribution centre. In a mass redundancy, Booktopia has terminated 165 staff members, with only 18 left to manage the retailer’s collapse. The closu

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