France’s bankrupt second-largest bookstore chain Chapitre completed its dissolution with the court approved sale of 8 more stores, and the formal closure of the remaining 23 locations they were unable to sell, out of a total of 57 branches. France’s Les Echos says 434 jobs will be eliminated as a result — including 100 jobs at company headquarters — or a third of their workforce. Chapitre’s owner Actissia announced last summer that it intended to sell the chain outright and, if it could not find a buyer, would close all stores by summer 2014. Eleven stores had closed last December, with […]
