Bookberry

Last updated • 1 min readFrom Wikipedia, The Free Encyclopedia

Bookberry (Букбери) was a chain of bookstores based in Moscow, Russia, and with stores in that city and in Yekaterinburg.

Contents

History

The chain was launched by private investors in 2003 including Alexander Mamut (36%), Tim Waterstone [1] , Roman Lola, Dmitry Kushaev and Maxim Scherbakov. Roman Lola was CEO until 2004 when Mamut bought out his shares, along with the shares of Kushaev and Scherbakov. [2]

Most Bookberry stores were opened 24 hours a day. [3]

In February 2008, a company controlled by Oleg Deripaska, Rainko, bought a controlling stake, buying out Lola, Kushaev and Scherbakov entirely. By late 2008, the chain comprised 13 stores (up from 10 in late 2005), located in large shopping malls and on a number of major streets. The CEO departed in January 2009, and by March 2009 five stores were closed, including the last-opened, on Tverskaya Street.

On Monday 2 March 2009, the company applied for bankruptcy protection. [4] Its financial failure was precipitated by the bankruptcy of Deripaska. [5] The Tverskaya store in Moscow closed in 2009. [6]

References

  1. ↑ Wood, Zoe (2011-03-27). "Tim Waterstone prepares bid to reclaim his book chain". The Observer. ISSN   0029-7712 . Retrieved 2025-02-05.
  2. ↑ "Совладелец "Букбери" забрал "Айсберри". Роман Лола будет управлять мороженым". www.sostav.ru. 2006-10-02. Retrieved 2025-02-05.
  3. ↑ Kishkovsky, Sophia (2008-04-20). "Moscow: An All-Nighter With a Good Book or Two". The New York Times. ISSN   0362-4331 . Retrieved 2025-02-05.
  4. ↑ Moscow Times, Moscow: 3 March 2009, p. 1
  5. ↑ "Второй банкрот Дерипаски?". 2009-05-06. Retrieved 2025-02-05.
  6. ↑ Esler, Dominic (2009-04-15). "English-language bookshops in Moscow". passportmagazine.ru. Retrieved 2025-02-05.


CashRegister.svg

This retail business article is a stub. You can help Wikipedia by expanding it.

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.