What factors challenge the viability of large physical bookstores?

Question

Accepted Answer

Large physical bookstores are being challenged by competition, online buying, and changing retail formats
Large physical bookstores are facing viability pressures as “megabookstores” shrink or disappear and are replaced by other mall tenants such as restaurants. The downsizing is tied to fierce competition from bulk sellers and alternative publishers, the growing shift to online book purchasing, and the commercial trade-offs that come with limited shelf space and profit-focused selection. Even though Malaysians appear to be reading through more varied sources, the role of large bookstores as a default destination has weakened.
Competition from bulk retailers and alternative publishers is intensifying
Competition is coming from bulk bookstores such as BookXcess, including events like the Big Bad Wolf Sales, alongside alternative publishing houses like DuBook Press and Legen Press. These outlets increase the amount of reading material available, often with cheaper options and wider exposure to “indie” content. In practical terms, that environment reduces the unique pull of a large in-mall bookstore footprint.
Online book purchasing reduces the need for physical browsing
Online purchasing is highlighted as a major challenge to physical bookstores, because customers can browse catalogues, select titles, and order delivery with a few clicks. MPH is described as calling itself Malaysia’s No. 1 online bookstore, and other major brands also offer online purchasing options. As a result, physical bookstores are positioned as less relevant for some readers who can obtain books through digital channels.
Store footprint decisions favour more outlets over larger stores
The mall expansion trend has created more business opportunities for major bookstore brands, with nationwide coverage described as 89 outlets for Popular and 32 outlets for MPH. Popular is also noted as opening two new outlets in the past month, which supports the idea of prioritising branch quantity rather than maintaining very large store sizes. This can leave large-format stores shrinking in prominent locations, such as the example of MPH in Mid Valley being moved to an underground corner.
Reading habits are shifting toward varied sources rather than fewer physical visits
A study on local public university students found reading ranked 7th among pastimes, below activities like watching television, shopping, and sleeping. Within reading materials, books ranked 5th behind newspapers, magazines, comics, and online material, while students were also said to be reading more than a decade ago but using increasingly varied sources. The availability of cost-effective alternatives such as online portals, e-books, and social media further reduces the reliance on large physical bookstores.

Reading history

Hide →

This history is cleared when the page is closed.

What factors challenge the viability of large physical bookstores?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends