Booktopia may have collapsed, but here’s why bookshops are not endangered
Inside Retail
JULY 5, 2024
Founded in 2004, the company grew quickly , from turning over $2000 in the first month, to $30,000 in the fourth. It moved into a larger warehouse in 2014 and by 2018, it was shipping 30,000 parcels per day. He initially ran Booktopia as an out-of-hours pursuit, with $10 per day to invest from the family business.
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