Dubray Books increased sales from its eight Irish stores and its online presence by five per cent last year according to financial results for the family owned business.
Online sales surged by 52 per cent as a major element in the growth and the online presence is high on the list of investment projects according to managing director Maria Dickinson.
Profits were down a little over four per cent on the previous 12 months, coming in at €587,598.
The main hit was on a rent review of the company’s flagship store on Grafton Street which cost €151,000.
That is substantially more than the cost of the origanl store in Bray but an indication of the challenges faced by bookstores in the modern world.
Dundrum Shopping Centre is the Mecca for retail in Ireland and while it will have dozens of fashion and food outlets there is only one bookstore, Easons tucked away on the top floor.
Even that has limited space devoted to book sales and if they can’t be seen where most people are shopping, then the rush towards online will continue.
On a positive note Dubray did say that they are looking for suitable premises to expand from their current eight stores.
Hopefully that will come to pass, at the right price to sustain the model.
The Because Masterclass has been pushed back due to unforeseen circumstances and will now take place on March 27th.
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