Taipei area bookstores seek transformation of traditional business model

Brick and mortar bookstores are struggling due to strong competition from on-line retailers and e-books. Taipei's Chongqing South Road once had more than 100 bookstores but only 20 remain. They must rely on added services such as cafes to survive. This 80-ping bookstore is trying desperately to survive. It is transforming its business by renting out 25 pings of space to this bakery which draws ...