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 world19News extra - April 19/01

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Thanks to the reader who passed on the news about the Chapters/Runnymede Theatre to be sold. Below is the story as reported on the Star's website.

The Competition Bureau reports interest in the package of 23 stores. We wonder who in Canada might be interested in buying -- and operating -- so many large bookstores? Future Shop (who tried buying Chapters)? It seems there would not be a lot of possibilities.

And some related news: those who live in or are familiar with the Village remember the Book Barrel -- the book store that operated here, under different owners, for about 30 years. It closed in December of 1999. Not only was the arrival of Chapters a factor, but the owner was not offered a lease renewal. That property, and the neighbouring Cheese Boutique property were both bought by the owner of the "Merry go round" store in the Village. There was much speculation about the potentially large tenant about to move in. As it has turned out, it appears the new landlord may be waiting. The Book Barrel location remains a temporary book clearance outlet, and the Cheese Boutique property has been leased on a relatively short (2 year) arrangement.

Meanwhile, the Book Barrel relocated to Dundas/Islington. It went out of business a few weeks ago.

The Toronto Star article announcing the sale of the Chapters/Runnymede:
http://www.thestar.com/cgi-bin/gx.cgi/AppLogic+FTContentServer?pagename=thestar
/Layout/Article_Type1&c=Article&cid=987616847194&call_page=TS_Business&
call_pageid=968350072197&call_pagepath=Business/News

For world19,
John Leeson

world19:
Supporting citizen involvement in our community and its future.
Phone: 416 766-8605
Fax: 416 766-0578
email: world19@world19.com
web: www.world19.com