After going into receivership last month, ailing bookstore chain Page One is now holding a massive sale in a bid to liquidate its assets.
Page One announced on Facebook yesterday that it would be holding a receivership sale, where 40 percent would be taken off all stock, including discounted items (details below). The last day of the sale has yet to be determined and will be announced on Facebook, a staff member told Apple Daily.
Following its highly publicised financial troubles, the once-popular chain’s remaining stores closed on Nov. 17 after court-appointed receivers from KPMG were given control of all its assets.
Having opened its first Hong Kong store in 1997, Page One has been hit with dwindling business in recent years, resulting in the closure of several stores, including its flagship shop in Times Square.
What: Page One receivership sale
When: 11am to 7pm everyday, except Tuesdays
Where: Unit B, 9/F, Roxy Industrial Centre, 58-66 Tai Lin Pai Road, Kwai Chung (Google Maps)
Payment: Cash only
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