Bookseller says footfall declined after terrorist attacks, as it posts £88,791 loss on sales of £26.6m
The family-owned bookseller Foyles slipped back into the red in 2017 as it counted the cost of higher business rates as well as flooding in its London flagship store.
Foyles said the business rates revaluation had added £70,000 to its running costs while it was forced to close its Charing Cross Road store for several days during the school holidays because of electrical damage caused by sprinklers flooding the basement.
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