The administrators handling the collapse of Booktopia have announced that orders placed with Australia’s largest online bookseller will not be filled – and there may be no refunds either. It means out of pocket customers who placed orders prior to the company entering voluntary administration have now become, in effect, unsecured creditors – which voids store credits and … [Read more...] about Booktopia Will Not Fill Orders and May Not Issue Refunds
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Booktopia Reports Record Low
Booktopia has revealed that soft demand and a transition to a new facility has had adverse effects on sales revenue. Booktopia has released a trading update that reveals the online bookstore has had significantly reduced sales YoY. “Following the conclusion of the second quarter which traditionally delivers the largest proportion of the Company’s annual profit, results were … [Read more...] about Booktopia Reports Record Low
Booktopia Reports Loss Of $29 Million This Year
Image credit: holmanwebb Booktopia, the Australian online bookstore, has recently reported a full-year loss of $29 million this year. The retailer calls it a challenging year, attributing the loss to the hard economic climate as well as the impacts of its transition to the new customer fulfillment center (CFC). The online retailer reported that its revenue was down 18% in … [Read more...] about Booktopia Reports Loss Of $29 Million This Year
Booktopia Partners with VitalSource to Launch Digital Textbook Platform
Booktopia (Australia’s largest online bookstore) has partnered with VitalSource (the world’s premier education technology provider) to launch a digital textbook service – Bookshelf. The new best-in-class eReader platform will enable Booktopia customers to access digital textbooks. VitalSource’s Bookshelf comes with a full suite of built-in study tools, including flashcards, … [Read more...] about Booktopia Partners with VitalSource to Launch Digital Textbook Platform
Australian bookseller Booktopia partners with Kobo for ebooks
Kobo has announced they have signed an exclusive partnership with the Australian bookseller Booktopia. Booktopia and Kobo have released co-branded e-reading apps for Android and iOS and existing customers will be able to login to any Kobo readers, using their existing Booktopia user credentials. In this partnership, Rakuten Kobo and Booktopia will serve readers through a … [Read more...] about Australian bookseller Booktopia partners with Kobo for ebooks