The bookseller is moving into lending for the first time, supplying ‘hospitality-led’ luxury developments
London book chain Foyles is to supply libraries to high-end retirement homes in a deal with a residential developer.
The partnership with Elysian Residences will launch at its development in Stanmore, north-west London, when it opens later this year, with a mix of biographies, travel writing, novels and specialist books selected by Foyles. Residents at the development, which aims to combine “UK development expertise with a US hospitality-led approach to care”, will be able to borrow from a collection maintained and refreshed every quarter by the book chain. Foyles is being paid a lump sum for the work.
“Libraries are an important cornerstone of a vibrant community, offering visitors a place of relaxation, learning and discovery,” said Elysian chief executive Gavin Stein. “We wanted to provide our residents with a relaxing reading environment curated with the latest high-quality books.”
The deal will also allow residents to order books, music and DVDs from Foyles via the Elysian concierge, as well as giving them access to Foyles’ foreign language books, classical and jazz music recordings. The Foyles libraries will then be rolled out across Elysian homes in London and the south east as they open.
This is the first time that the bookseller, founded by the Foyle family in 1903 and sold to Waterstones last year, has curated private libraries. It now hopes to find further such deals.
“This is a new and exciting venture for us, and we look forward to offering a service of the same high standard to which we hold each of our bookshops,” said general manager Stephen Clarke.