Foyles will close its One New Change branch when its lease expires in April 2012 to "free up resources" for its forthcoming Stratford branch and recently opened Bristol shop.
The booksellers at Foyles One New Change will be redeployed within the company. Rebecca Hart, formerly a buyer for Royal Festival Hall and St Pancras branches, will now become the manager of the new Foyles Stratford shop.
Foyles’ c.e.o. Sam Husain said: “Our temporary shop at One New Change has been an incredible learning experience. We knew that 1,300 sq. ft. would not be big enough to do justice to our range and we therefore only committed to a short-term lease, expiring in April next year. Our newest shop in Westfield Stratford City is a much larger space which will allow us to play on our strengths of range and expertise.”
The One New Change branch opened in October last year.