COMPETITION FROM AMAZON and the increasing popularity of the Kindle have been cited by Buxton Christian Bookshop as part of the reason the shop is preparing to close its doors for the last time on Christmas Eve.
Speaking to the Buxton Advertiser in a report published today, Mary Fairhurst, chair of the shop’s trustees, explained,
It is simply because of the economic climate, the recession and the fact that people are now downloading or ordering books on Amazon or using Kindles.
We are losing money and have decided that we will close whilst we still have our heads above water.
The report goes on to note that the closure will result in the loss of two part time jobs as well as the disbanding of a team of twelve volunteers. All stock is now on sale at a 10% price reduction, which will be temporarily increased to 25% during an open evening on December 5th.
Whilst attributing the downturn in trade to Amazon is nothing new, the timing of the announcement is significant as it follows hot on the heels of recent attacks on Amazon over allegations of UK tax avoidance which appear to give the company an unfair advantage over other traders:
- The Telegraph, 14/11/2012: John Lewis warns Amazon’s tax avoidance ‘will drive UK companies out of business’
- The Bookseller, 13/11/2012: Amazon’s corporation tax slammed by HOC committee
Earlier this month news emerged that all 57 of the USA’s Cokesbury Christian Bookstores are scheduled for closure next year as the company — the retail division of The United Methodist Publishing House — prepares to go online-only.