Citing heavy competition in online retail, two major book publishers in Poland have created an online bookstore of their own called Inverso.
Warsaw’s cut in VAT rates on digital books takes effect November 1, a long-called-for equalization in taxation on print and ebooks, now allowed by Brussels.
As other companies have done, Świat Książki has gained traction in part by taking over some locations of the distressed Matras chain in Poland’s bookstore marketplace.
The shakeout continues in Polish book retail, as the closure of bookstore chain Matras opens chances for competitors BookBook, Mole Mole, and Świat Książki to expand.
Given a green light by competition authorities, Poland’s bookseller Empik adds Platon to its assets, a major national and international book distributor.
A major Polish retailer is betting on ‘small format bookstores’ and proliferating locations to make a success of its new Mole Mole bookshops.