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The noose is tightening on the Gibert Jeune bookstore

2020-11-12T17:35:39.178Z


INFO LE FIGARO - The famous brand, specializing in the occasion, is in great difficulty and is considering a "reorganization".


According to our information from internal sources, the famous Parisian bookstore on the Place Saint-Michel would be declared in cessation of activities on March 31, 2021. But, contacted, the management denied, and preferred to speak of

"reorganization"

because discussions with the works council have not yet taken place.

And to explain:

“The building at 5, place Saint-Michel

(the largest, the one specializing in literature, paperback, comics, human sciences, history, Editor's note)

has been sold.

We were presented with a fait accompli.

We are simply speeding up our thinking, but everything continues… It is clear that the Place Saint-Michel has been suffering since the first confinement. ”

Management adds that some stores are too large in relation to needs and expectations and plans to develop “corners”… We don't really know what will happen.

This is not the first time that the brand has experienced difficulties.

In a rescue operation in 2017, the bookstore joined forces with its

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Source: lefigaro

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