TAIPEI (CNA) — Eslite Spectrum Corp., which runs the popular Eslite bookstore chain in Taiwan, said Tuesday that it will close a store located in Shihlin District of Taipei by the end of May.
Eslite said the Shihlin store, which opened in 1999, will be shut on May 31 due to the expiration of its lease, along with a planned closure of its 24-hour Dunnan store.
Since Eslite opened its first store in Taiwan in 1989, it has evolved from a bookstore chain into a fusion retail model that combines a bookstore, shopping mall and cultural creative platform.
The Shihlin store, located on Wenlin Road with an area of about 170 pings, is close to the Shihlin station of the Taipei MRT and became a favorite place for students, white collar workers and housewives.
One netizen said Eslite fans will miss the outlet after the closure.
The announcement of the Shihlin store closure came after the bookstore chain operator closed its Anpin store in Tainan, southern Taiwan, at the end of March and its Taitung outlet in eastern Taiwan at the end of April.
After the closures of the Dunnan and Shihlin stores, the number of Eslite outlets around Taiwan will be cut to 40.
Overseas, Eslite currently runs stores in China’s Hong Kong, Suzhou, Shenzhen, as well as in Japan.
The company has announced that its existing store in Xinyi District, one of the largest business districts in Taipei, will succeed its Dunnan store as the chain’s new 24-hour outlet in Taipei and begin its new schedule on a trial basis on May 29.
The 24-hour bookstore will be on the third floor of the eight-floor Xinyi outlet, which will also feature a 24-hour supermarket and record store, as well as a café that will stay open until 1 a.m.
Eslite said the Xinyi store broke even last year and that despite the interruption of the COVID-19 pandemic, the company will try hard to make the new 24-hour store also break even this year.