Book and Popular

Topics: Books, Retailing, Online shopping Pages: 30 (7692 words) Published: April 3, 2013
1. Introduction

Popular Holdings is a Singapore-based company that is listed on the Singapore Exchange. Popular is best known for its chain of Popular Bookstores under the Retail and Distribution unit. The Group currently carries out its publishing activities through subsidiaries operating in countries such as Singapore, Malaysia, Hong Kong, Macau, Taiwan and Canada. Its bookstore operations have a network of over 90 Popular Bookstores and 360 Popular managed bookstores with its core businesses in retail, distribution, publishing and e-learning.

2. History of the Company

|1924 |Popular started in Singapore under the trade name of Cheng Hing Company, established by the late Mr Chou Sing Chu. It distributed | | |Chinese storybooks. | |1930 |Established World Book Company in Singapore to distribute Chinese books and later moved into the publishing business. | |1936 |Established Popular Book Company in Singapore to sell Chinese books. | |1949 |Incorporated World Publishing Company in Hong Kong to publish magazines and Chinese books for both local and Asian markets. | |1952 |Set up United Publishing House Pte Ltd in Singapore and Malaysia to publish textbooks. | |1975 |Started offering English titles in Singapore and was positioned as "The Bilingual Bookshop". Business grew dramatically. | |1984 |Opened the first bilingual bookshop in Malaysia. | |1990 |Introduced the POPULAR Card to cultivate customer loyalty. | |1993 |Expanded the business scope by retailing music products and audio accessories under the brand name of "CD-RAMA". | |1997 |Listed Popular Holdings Limited ("POPULAR") on the Singapore Exchange. | |2000 |Set up joint venture, EdnoLand (HK) Limited, to provide interactive learning programmes to preschool children. This signified the start | | |of the Group's e-learning initiatives. | |2002 |Entered the e-learning market of Mainland China | |2003 |Incorporated a wholly-owned subsidiary, Popular Digital Products (Shenzhen) Ltd in January, leaving the first footprint in Mainland | | |China's publishing market. | |2003 |Ventured into Taiwan publishing market. | |2006 |Successfully organized the inaugural BookFest@Singapore and BookFest@Malaysia, drawing over 400,000 visitors. | |2008 |Successfully organized the inaugural BookFest@Hong Kong 2008. | |2009 |Launched "UrbanWrite"—a lifestyle stationery concept store that goes beyond the basics. | |2009 |Opened a new concept bilingual bookstore { prologue } at ION Orchard. | |2010 |Celebrated the 5th anniversary of BookFest@Singapore and BookFest@Malaysia. Both BookFests managed to achieve record turnouts of over | | |half a million visitors each....

Bibliography: Note regarding in-text citations: “(Survey, 2012)” refers to the survey questions done by the group members for this project. The survey questions and survey results can be found in the appendix.
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