Dymocks has announced that its flagship Adelaide store will move into the disused and heritage-listed Regent Theater in Rundle Mall, reports InDaily.
According to Dymocks, the move will involve a $1.5 million redevelopment of the old theater and will make Dymocks Adelaide the largest bookstore in South Australia, occupying 1,000 square meters of space on the first level of Regent Arcade. The store will employ around 40 people.
“Obviously we were looking for a space large enough to house a flagship bookstore,” said Dymocks managing director Mark Newman. InDaily. “We were looking for something that was an iconic and interesting space where we could create a really interesting retail environment.” Newman said the site has the potential to host a cafe, event space and a large giftware section.
Under the ownership of Mandy Macky, who was recently inducted into the ABIA Hall of Fame, Dymocks Adelaide was located at the east end of Rundle Shopping Center from 1991 until 2021. Upon Macky’s retirement last year, it became a small pop-up store within the Myer Center, which closed on April 10.
“We saw from the way we traded in this temporary store, which was well above our expectations, that the market is still quite robust,” Newman said. According to InDailyDymocks’ new location “represents the latest push to revitalize the Regent Arcade neighborhood, which has struggled with high vacancy rates and low foot traffic during the pandemic.”
Dymocks Adelaide’s move follows the March opening of QBD Books’ largest store in Rundle Mall, directly opposite Dymocks’ former location, which now houses a Rebel Sport store. Asked about the new QBD store, Newman said it presented “a bit of competition that didn’t exist before”. However, he added, “We operate in many malls across the country with QBD in very close locations.”
The new Dymocks Adelaide store will open at 9am on Wednesday 20 April.
Category: Local news