Exclusive Books
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| Company type | Private company |
|---|---|
| Exclusive Books | |
| Industry | Bookselling |
| Predecessor | Exclusive Books (Pty) Ltd |
| Founded | 1951 |
| Founder | Philip Joseph, Pamela Joseph, Pauline Joseph |
| Headquarters | , South Africa |
Number of locations | 40 stores (2018) |
Area served | Southern Africa |
Key people | David Vinokur – chairman
Grattan Kirk – CEO Stefan Marnewick – CFO Ori Shushan |
| Products | Books, toys, boardgames, coffee |
| Website | www |
Exclusive Books is one of South Africa's largest bookselling chains with stores throughout South Africa, and one store in Gaborone, Botswana and one in Windhoek, Namibia. As of 1 December 2013, the chain is owned and operated by a private group of investors. It was previously owned by the Times Media Group (TMG), after TMG took control of Avusa.
History
[edit]In 1951, Pam Joseph, in partnership with Philip Joseph's mother, Pauline, purchased a small second-hand bookshop in the centre of Johannesburg and renamed it Exclusive Books.
Philip Joseph expanded the business by setting up a further branch in 1954 in Hillbrow, then one of the most densely populated areas in the world. The bookstore offered late night and Sunday trading, contributing to its growth. The Hillbrow store closed in 1993, and within the same year, the Hyde Park store became the group's flagship. It was the largest bookshop of its kind in Southern Africa at the time.
In 1998, it launched the Fanatics loyalty program, which grew to a membership of 170,000 members by 2001. In 1999, Exclusive Books introduced Seattle Coffee Company cafés adjoining eighteen of the book stores.[1]
Until 2012, they sponsored an annual book prize called the Exclusive Books Boeke Prize.
On 22 September 2013, it was announced that Exclusive Books – and its sister company Van Schaik Bookstore – was being sold by TMG to a private consortium led by Medu Capital for R435 million.[2] At the conclusion of this sale, the company briefly traded under the name Jadeite Trading (Pty) Ltd Trading As Exclusive Books, before being re-registered as Exclusive Books Group (Pty) Ltd. On 21 August 2014, the company announced its new brand and a shift in its corporate focus, including the introduction of its own café brand, EB Café.[3]
In July 2017, Market Theatre Foundation partnered with Exclusive Books.[4]
In June 2020, Exclusive Books announced that it would host all upcoming book launches online via Zoom, to comply with the Covid-19 regulations in place.[5]
Corporate social responsibility
[edit]In 2002, in a move to formalize the corporate social responsibility programme, Exclusive Books established the Exclusive Books Reading Trust. The three trustees are Zakes Mda, Mandla Langa, and Brian Wafawarowa.
The Reading Trust was established to fund literacy, library and reading projects around South Africa. Through the Reading Trust Exclusive Books has opened libraries in Cape Town and Limpopo and has donated thousands of books every year to various organizations and charities.[6]
E-commerce
[edit]The first Exclusive Books e-commerce site was launched as ExclusiveBooks.com and went live in 1999. In 2010, this was replaced by Exclus1ves.co.za,[7] which was one of the first e-commerce sites in South Africa to incorporate gamification, they now operate as Exclusivebooks.co.za.
References
[edit]- ^ "Background to Exclusive Books' 50th birthday". Retrieved 13 October 2014.
- ^ "Exclusive Books sold for R435m". Archived from the original on 3 September 2014. Retrieved 13 October 2014.
- ^ "Shelf Life: Exclusive Books switches branding, focus". 28 August 2014. Retrieved 13 October 2014.
- ^ "The Market Theatre joins forces with Exclusive Books for Pan-African partnership | City Buzz". City Buzz. 19 July 2017. Retrieved 12 March 2018.
- ^ "Exclusive Books turns all upcoming book launches into a virtual affair". 22 June 2020. Retrieved 10 July 2020.
- ^ "About Exclusive Books". Archived from the original on 17 September 2012. Retrieved 24 August 2012.
- ^ "About Exclusive Books". Archived from the original on 17 September 2012. Retrieved 24 August 2012.
External links
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