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Bookberry

From Wikipedia, the free encyclopedia

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

History

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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

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  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.
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