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JBR Group Targets Second-Hand Book Market Growth

France Info Paris 15d15d Impact 5

The JBR Group is attempting to adapt its business model within France. The group is looking to refocus its strategy on the second-hand market. This move comes as the company faces a decline in new book sales. The group faces competition from online platforms including Amazon, Vinted, and Le Bon Coin, as well as Chinese second-hand book competitors. JBR Group has faced financial difficulties for 10 years and has laid off 500 employees since the Covid pandemic. The group recently closed four bookstores in the Saint-Michel district of Paris after 135 years of operation. The sector is currently experiencing an annual growth rate of approximately 10%. JBR operates 16 stores across 12 cities, including Paris, Lyon, Toulouse, Bordeaux, and Marseille. The company currently generates more than one-third of its turnover from second-hand book sales.

The JBR Group is attempting to adapt its business model within France. The group is looking to refocus its strategy on the second-hand market. This move comes as the company faces a decline in new book sales. The group faces competition from online platforms including Amazon, Vinted, and Le Bon Coin, as well as Chinese second-hand book competitors. JBR Group has faced financial difficulties for 10 years and has laid off 500 employees since the Covid pandemic. The group recently closed four bookstores in the Saint-Michel district of Paris after 135 years of operation. The sector is currently experiencing an annual growth rate of approximately 10%. JBR operates 16 stores across 12 cities, including Paris, Lyon, Toulouse, Bordeaux, and Marseille. The company currently generates more than one-third of its turnover from second-hand book sales. JBR aims to double this specific revenue figure within three years. Second-hand sales already account for more than one-third of the group's total turnover. The company is facing financial difficulties due to rising fixed costs such as rent and energy expenses.

Topics

business restructuring JBR Group

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Sources · 7 independent

France Info

“fait le groupe J.B.R. qui cherche à adapter son modèle en France”

France Info

“le groupe J.B.R. qui cherche à adapter son modèle en France... Le groupe veut se recentrer sur l'occasion. La seconde main, c'est l'avenir pour les libraires.”

France Info

“le groupe J.B.R. qui cherche à adapter son modèle en France doubler son chiffre d'ici trois ans, c'est ambitieux.”

France Info

“son objectif, c'est de doubler ce chiffre d'ici 3. venir des librairies. En tout cas, c'est le Paris que fait le groupe J.B.R. qui cherche à adapter son modèle en France”

France Info

“J.B.R. qui cherche à adapter son modèle en France... C'est donc un marché qui connaît une forte croissance près de 10% par an.”

France Info

“J.B.R. qui a 16 magasins dans 12 villes à Paris, mais aussi à Lyon, Toulouse, Bordeaux, Marseille. En tout cas, il croit parce que l'enseigne est déjà très bien implanté sur ce créneau. Elle réalise déjà plus d'un tiers de son chiffre d'affaires avec des ventes de livres de seconde main.”

France Info

“C'est donc un marché qui connaît une forte croissance près de 10% par an. J.B.R. qui a 16 magasins dans 12 villes à Paris, mais aussi à Lyon, Toulouse, Bordeaux, Marseille.”

France Info

“J.B.R. qui a 16 magasins dans 12 villes à Paris, mais aussi à Lyon, Toulouse, Bordeaux, Marseille. [...] Elle réalise déjà plus d'un tiers de son chiffre d'affaires avec des ventes de livres de seconde main.”

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