Sao Paulo’s Avenida Paulista bookstore closes – Fnac Brazil now has just one bookstore standing

From the moment Livraria Cultura acquired Fnac Brazil’s 12 bookstores last July (along with its e-commerce site) there was a question mark hanging over the stores – Livraria Cultura had long intimated intent to be a tech company rather than a bricks & mortar retailer, and was struggling for cash. Despite this, a joint statement Read More …

Germany’s Bookwire halts ebook supply to Brazil’s Saraiva and Livraria Cultura for non-payment

Frankfurt-based aggregator Bookwire has been forced to stop sending ebooks to two Brazilian ebook stores, Saraiva and Livraria Cultura. After acquiring DLD last year Bookwire became the main ebook distributor in the country for domestic publishers. Bookwire acquires DLD as the Brazil ebook market heats up Livraria Cultura is a Kobo partner store but Bookwire has Read More …