Good news, folks! After the failure of REDgroup, much beloved book store Reader’s Feast shut down. While I’ve heard a bunch of different reports of why this happened, it seems like their closure wasn’t directly related to the failure of REDgroup – from some reports, the rent at their Swanston/Bourke Street site was increased to the point where it couldn’t be sustained, forcing Reader’s Feast out.
This morning I woke to the happy news that the store is now privately owned – which it’s always felt like anyway – and will be reopening shortly in the Georges Building on Collins Street. This news is great – Reader’s Feast not only have the regular range of books, but they also stock journals and smaller press publications that are often hard to find in larger book stores. On top of this, they also run a generous amount of events – book signings and author panels, as well as readers’ and writers’ festivals.
I’m glad to hear they’re back.