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Now You Can Spend Your Offshore Account Money At A Bookstore

PW Daily’s Edward Nawotka broke the news Friday that Books & Books, Mitchell Kaplan‘s Miami bookstore minichain, is opening a fourth location, this one in the Cayman Islands. The new 5,000 sq. ft. store is part of Camana Bay, an upscale retail and housing development on Grand Cayman, and a joint venture with the local developer, Dart Realty. The store is scheduled to open in the first weekend of November, just a few weeks after Books & Books celebrates its 25th anniversary.

Kaplan said he was initially approached by Dart Realty executive v-p Jackie Doak, who was been a regular customer of Books & Books in Miami. “She invited me down, I visited the site, and committed,” said Kaplan. In a press release, Doak said, “We are particularly excited to be included on their literary event circuit, which we hope will bring authors from all around the world to Cayman.” So far, said Kaplan, publishers and writers, “have been very receptive” to the idea of extending their book tours to the Caribbean. Which might be the understatement of the week, to be sure…

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