Bandi & Luni’s, Korea’s third-most-popular bookstore, goes bankrupt
CultureJun 17, 2021
With books going digital and online buying the preferred means of purchasing books, one of the major bookstore chains in South Korea has declared bankruptcy. The Seoul Book Center, operator of the country’s third-largest offline bookstore franchise, Bandi & Luni’s, was officially declared bankrupt as of Wednesday. The Seoul Book Center failed to clear some 160 million won ($143,000) on Tuesday, according to the Korean Publishers Association and publishing companies. Bandi &