Sale of 143-year-old family-owned business marks a further concentration of the industry
The UK’s largest book chain, Waterstones, has acquired the country’s largest independent bookseller, Blackwell’s, ending 143 years of family ownership and signalling a further concentration of the bookselling industry.
Blackwell’s, which has 18 bookshops, was put up for sale this month after its owners ditched a plan to hand it to employees. The chain will continue to trade under its own brand.
Continue reading...from The Guardian https://ift.tt/Pg0An5U
Comments
Post a Comment