UK bookstore Waterstones buys Foyles to defend bookshops against Amazon

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UK bookstore Waterstones buys Foyles to defend bookshops against Amazon

Sep 08 2018

UK bookstore chain Waterstones is buying the 115 year-old family-owned chain Foyles, saying the deal will help to "champion" real bookshops in the face of online rivals.

The sale includes Foyles' well-known Charing Cross Road store in central London, which was relocated to larger premises in 2014.

Source: BBC

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