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Landmark Bookstores

From Wikipedia, the free encyclopedia
Bookstore chain in India
This article needs to beupdated. Please help update this article to reflect recent events or newly available information.(May 2021)

Landmark Limited.
Company typeSubsidiary
IndustryRetail
HeadquartersChennai,Tamil Nadu, India
ParentTrent
Websitewww.landmarkbooks.co.in

Landmark Limited, widely known asLandmark orLandmark bookstores, is a chain ofbookstores inIndia based inChennai, now wholly owned byTrent, aTata Group company.

Started as anindependent bookstore, Landmark Limited became achain store which primarily offersbooks,music,movieVCD/DVDs,video game consoles,PC games,video games,console games,video game accessories,toys, andmagazines, as well as technology products likemobile phones,tablet computers, mobile phone accessories,cameras, camera accessories,laptops, stationery items, gift items and home products.

Landmark bookstores was founded by Hemu Ramaiah. The first location opened in a 4,400 sq ft basement of a building complex and represented a modernization of bookstores in India at the time. In 1996, the bookstore started selling music. Landmark opened a second location inKolkata in 1999, a third location in Chennai in 2001, and the mega-bookstore in the Forum Mall Bangalore in 2004.[1]

Landmarkonthenet.com, launched in 2000 and a Chennai-basede-commerce portal owned and operated by Landmark Limited, is anonline retailing division of Landmark through which it sells its retail merchandise online. The website has now been closed.

In August 2005, Trent acquired a 76% controlling stake in Landmark,[2] and completed 100% acquisition in April 2008,[3] the year the founder Hemu Ramaiah left the company.[1] After the purchase by Tata, Landmark Bookstores started to lose money.[1] In 2014, it was announced that Tata's Trent subsidiary was divesting the bookstore business.[1]

Locations

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Landmark has five large format retail stores across major cities in India includingMumbai,Bengaluru,Chennai,Hyderabad andPune.

Landmark Quiz

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Landmark Quiz, one of the oldest open quizzes in India, is an annual quiz contest mostly conducted on national holidays. It was instituted in 1989 and has since been held in Bangalore, Chennai, Mumbai, Pune, Delhi and Hyderabad on various dates.

See also

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References

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  1. ^abcd"The landmark in her life".The Financial Express. 6 June 2014. Retrieved31 July 2022.
  2. ^"Trent acquires 76% stake in Landmark for Rs 103.6 cr". The Hindu Business Line. 31 August 2005. Retrieved23 February 2011.
  3. ^"Trent buys out Landmark promoter". The Hindu Business Line. 1 May 2008. Retrieved23 February 2011.
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