Closure of five Decitre bookstores

Five Decitre bookstores are set to close this Saturday, following the recent closures of two stores in the Presqu'île area of Lyon. The affected locations include Ecully, Lyon Part-Dieu, Annecy, Chambéry, and Levallois-Perret.

No buyer found for Decitre stores

Despite efforts to find a buyer in recent weeks, no acquisition offers have been received, according to an announcement from the bookstores. The Nosoli group, which owns the Decitre brand, has been struggling financially for several months.

Financial struggles of parent company

The financial difficulties of the Nosoli group have made it impossible to find a solution to keep the five stores operational. The company had launched a search for a buyer in an attempt to save the stores, but these efforts have not succeeded.

Impact on the Decitre network

This wave of closures represents a new setback for the Decitre bookstore network. The company had previously faced challenges, and the ongoing financial issues of its parent company have now led to the definitive closure of these five locations.

Future of remaining stores uncertain

While the immediate closures are confirmed, the future of any remaining Decitre stores remains uncertain. The situation highlights the ongoing challenges faced by the bookstore chain and its parent company.