Kinokuniya U.S. Merges with NBC Stationery & Gifts

 

Effective June 1, Kinokuniya Book Stores of America has merged with NBC Stationery & Gifts, which operates seven Mai Do stationery shops in the U.S. The two companies are now doing business as Kinokuniya America and NBC America, respectively. Kinokuniya America has inherited all rights and obligations of NBC America.

According to Kinokuniya, the merger provides an "opportunity to enhance the vibrant atmosphere of its stores. NBC America has been providing highly designed stationery and gifts gathered from every corner of Japan and America, and could potentially increase Kinokuniya America's ties with popular Japanese companies and brands. In-store events related to the surrounding communities will be held regularly as well, in continued efforts to attract local customers."

Masashi Takai, chairman and president of parent company Kinokuniya Company Ltd., said that as a result of the merger, the number of stores directly managed by Kinokuniya America has increased from 12 to 19, while the number of Kinokuniya Book Stores in other countries has increased from 29 to 36 stores.

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