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Flying Dragon prepares to close, citing rapidly changing industry

Just days after being named specialty bookstore of the year at the Canadian Booksellers Association’s Libris Awards, Toronto’s Flying Dragon Bookshop has announced it is closing after eight years. On its blog, the store cites the growing importance of e-books as a reason for shutting its doors:

We have in recent months explored opportunities to embrace the technological advances that have presented themselves with such rapidity in our industry. But at the end of the day we realized that for us, it was all about the books and the tactile, sensory experience they provide.

Flying Dragon’s last day will be June 30; until then, all stock has been marked down by 20 per cent. The store is the second indie to wind down operations in the past week or so. Vancouver’s Ardea Books & Art closed on Monday.