The first Amazon Kindle Bookstore opens in Toronto
Share this article Share The first store in Toronto to open is a bookstore called Amazon Kindle Books.
The bookstore, at the corner of Yonge and Spadina, will be open Thursday.
The idea for the store came from a community group that has been asking Amazon to expand its presence in Toronto.
The group, Toronto Public Library, is a 501(c)(3) organization that works to provide services to the city’s library system.
Amazon, the world’s biggest retailer of books, is currently in talks to buy the Toronto Public Libraries for $3.5 billion.
It is expected to make a final decision on the deal in the first half of 2018.
The Toronto Public libraries currently serve more than 600,000 students.
“This is an important step in helping Toronto students access high-quality education in a dynamic and innovative market,” said Mark Hulbert, president of the Toronto public library board.
“It also makes it possible for our libraries to provide more high-demand digital content to our students.”
The new store will be a smaller version of the existing store at the site of the former Yonge Street Mall, which is home to the Yonge-University subway station.
The new store, which will be built with a minimum of $500,000 in capital funding, will open with 150 books per week, up from the existing 50 books per day.
Amazon will offer the books on a variety of formats including ebooks, audio books, and video.
It will also offer a library subscription service.
“We want to make it easier for students to get access to books from our local community,” said Dan Zangaro, a library board member.
“We’re also really excited about the opportunity to offer our libraries a wider variety of books to students across the city.”
Amazon has about 300 million Kindle books in circulation worldwide, and more than 2.3 million of them are in the United States.