S. Korea’s No. 3 Bookstore Chain Goes Bankrupt

SEOUL, June 17 (Korea Bizwire) — Bandi & Luni’s, the country’s third-biggest bookstore chain that runs both online and in-person channels, has filed for bankruptcy. Seoul Mungo, the company behind the bookstore chain, sent an emergency letter notifying the bankruptcy to members of a local publishers’ association on Wednesday. The company reportedly failed to pay [...]