REDgroup enters into voluntary administration

Thursday, 17 February 2011 Books+Publishing

REDgroup Retail, owners of Angus & Robertson and Borders stores in Australia, and Whitcoulls stores in New Zealand, has been placed into voluntary administration, reports The Sydney Morning Herald. The company called in administrators Ferrier Hodgson this afternoon following a board meeting. Ferrier Hodgson partner Steve Sherman said in a...