REDgroup annual results: ‘promising growth’ in online sales but overall $43 million loss

3 November 2010 Books+Publishing

REDgroup Retail, the owner of Angus & Robertson, Whitcoulls in NZ and Borders Asia Pacific, has announced its preliminary 2009-10 full-year results (for the year ending 28 August). While pre-tax earnings for the year were $27 million, $2 million ahead of a projected figure announced in late July, REDgroup has...