Toronto’s Anglican Book Centre to Close
October 26, 2012 1 Comment
It is with sadness that the Anglican Church of Canada and Augsburg Fortress Canada announce that the Anglican Book Centre at 80 Hayden Street will close on Jan. 18, 2013. Canadian Anglicans will still be able to order resources online and by phone through Augsburg Fortress Canada.
“Religious book and gift stores across Canada have faced significant challenges resulting in the closure of over 120 stores in the past 10 years,” said Andy Seal, Director of Augsburg Fortress Canada/Anglican Book Centre.
“Sales at our Hayden St. store have decreased each year since 2009. By 2011 Toronto sales were 28% below the break-even level. In spite of hard work and innovation, the trend has continued in 2012.”
Store revenues have declined because of an increase in web-based competition and the shift of readers purchasing e-books from a variety of sources. The store does not receive any funding from the Anglican Church of Canada or the Evangelical Lutheran Church in Canada.
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