It's a sad news for book lovers. The remaining two MPH bookstores in Singapore are slated to close in July and September.
The last day of operations for the Raffles
City outlet is Jul 28, and the moving out sale will go on until then.
The store at Parkway Parade will close after Sep 1.
Ms Ivy Tan, MPH's general manager of
business development, cited high rental costs as the main reason for the
closures. She added, however, that the company is looking for a new
"We are currently undergoing some restructuring
and streamlining our resources to make way for new business
initiatives," she said on Friday (Jul 12).
"The primary focus will
be centered on offering convenience and providing a better shopping
experience to our customers. This new outlet will be a preview to some
of the plans that we have in the pipeline."Read more at Channel News Asia article