Eslite Spectrum Corp, which runs the Eslite bookstore chain in Taiwan, is waiting for approval from its landlord to extend the lease for its 24-hour store in Taipei’s upscale Xinyi District (信義).
In its annual general meeting on Friday, Eslite chairwoman Mercy Wu (吳旻潔) told shareholders that the bookstore chain has been at a stalemate with conglomerate Uni-President Group, the largest of its seven landlords of the Xinyi store, in its talks to extend the location’s lease, which expires at the end of 2023.
The statement has raised fears that Taiwan’s only 24-hour bookstore could disappear if it cannot extend its lease.
The
LANDLORD SILENT: Six of seven landlords support renewing the 24-hour branch lease, while Uni-President Group was said to be mulling the space for its own use/ Staff writer, with CNA
Eslite Spectrum Corp (誠品生活), which runs the popular Eslite bookstore chain in Taiwan and abroad, plans to launch smaller outlets at the community level under the “eslite me-time” (誠品生活時光) brand to grow customers and sales, as the COVID-19 pandemic is reshaping consumer behavior.
The first “eslite me-time” in Taipei’s Neihu District (內湖) is smaller than 100 ping (330m2) and has a soft opening scheduled for Oct. 27 to serve an increasing number of people who prefer to shop near home to avoid COVID-19 infections, the company said.
Eslite Spectrum chairwoman Mercy Wu (吳旻潔) said that the company aims to open 300 such
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