In Brief
More than 170,000 children register for National Simultaneous Storytime More than 170,000 children registered to participate in the annual National Simultaneous Storytime, hosted by the Australian Library and Information Association, which took place...
REDgroup administration: Employees at Australian distribution centre and head office made redundant
REDgroup Retail administrators Ferrier Hodgson have confirmed that close to 40 employees at the company's Australian distribution centre and head office were made redundant last week. A spokesperson for Ferrier...
REDgroup administration: Employees at Australian distribution centre and head office made redundant
REDgroup Retail administrators Ferrier Hodgson have confirmed that close to 40 employees at the company's Australian distribution centre and head office were made redundant last week. A spokesperson for Ferrier...
REDgroup administration: Six more A&R stores to close; Further redundancies expected at Oz head office; Bennetts chain sold in NZ
REDgroup Retail administrators Ferrier Hodgson announced on 27 April that a further six Angus & Robertson stores will close as part of the administration process. The store closures, which are...
Bookstores close after NZ tornado
A number of New Zealand bookstores are currently closed following the tornado which hit Auckland on 3 May. Whitcoulls has advised that the Whitcoulls store located in the Westfield shopping...
REDgroup Administration: Six more A&R stores to close
REDgroup administrators Ferrier Hodgson announced this week that another six Angus & Robertson stores will close as part of the administration process. The store closures, which are expected to take...
Borders no longer part of Westfield online
Westfield has confirmed that Borders is no longer part of the Westfield online shopping mall which launched late last year. A spokesperson for Westfield told the Weekly Book Newsletter that...
PEP-nominated REDgroup directors step down ahead of possible DOCA or sale
REDgroup Retail owners Pacific Equity Partners (PEP) has confirmed that its nominees to the board of directors at REDgroup have resigned 'with effect from 31 March 2011'. The statement follows...
PEP-nominated REDgroup directors step down ahead of possible DOCA or sale
REDgroup Retail owners Pacific Equity Partners (PEP) has confirmed that its nominees to the board of directors at REDgroup have resigned ‘with effect from 31 March 2011'. The statement follows...
REDgroup Administration: Administrators take 25 A&R franchises to court; 16 Borders stores to close; NZ airport stores sold; Cain, Smith leave REDgrou
The Supreme Court of New South Wales is expected to announce a hearing date tomorrow in the legal case between REDgroup Retail administrators Ferrier Hodgson and the 25 Angus & Robertson (A&R)...
Cain, Smith leave REDgroup
REDgroup administrators Ferrier Hodgson have confirmed to the Weekly Book Newsletter that Steven Cain has stepped down from his position as chairman of the Group. A spokesperson for Ferrier Hodgson...
REDgroup administration: 16 Borders stores to close in Australia
REDgroup administrators Ferrier Hodgson has announced that it will close 16 Borders stores in Australia. The closures will affect 510 staff (310 full-time and part-time; 200 casual) and leave just nine Borders stores...
REDgroup administration: 16 Borders stores to close in Australia, 510 staff affected
REDgroup administrators Ferrier Hodgson has announced that it will close 16 Borders stores in Australia. The closures will affect 510 staff and leave just nine Borders stores in Australia. The closures are...
REDgroup administration: 12 more A&R stores to close
The administrators of REDgroup Retail have announced a further 12 Angus & Robertson stores will close. A press release from administrators Ferrier Hodson said the closures will result in 102...
REDgroup administration: Gift cards must be redeemed by 3 April; Unsecured creditors ‘unlikely’ to receive dividends if companies liquidated
Administrators Ferrier Hodgson announced last week that REDgroup Retail customers have until 3 April to redeem Angus & Robertson (A&R) and Borders gift cards in store. In a document entitled 'Updated Gift Card...
REDgroup administration: 26 head-office staff made redundant; further redundancies, store closures possible
Administrators Ferrier Hodgson announced further redundancies for the Australian companies of REDgroup Retail at the end of last week, with more than 20 head-office staff affected. Ferrier Hodgson said in...
REDgroup administration: 26 Australian head office staff made redundant; further redundancies, store closures possible
Administrators Ferrier Hodgson have announced further redundancies for the Australian companies of REDgroup Retail today, with more than 20 head office staff affected. Ferrier Hodgson said in a statement this...
REDgroup Administration: Convening period for second meetings of creditors extended; REDgroup NZ for sale; More info for prospective buyers released
The Federal Court of Australia has this week extended the period within which administrators Ferrier Hodgson must convene a second meeting of creditors for the Australian companies of REDgroup Retail....
Around the World
Among the many international booktrade stories added to our Around the World blog in the past week: 2011 Orange Prize longlist announcedBorders US to decide on further store closures this...
REDgroup administration: REDgroup Australia for sale; 37 A&R stores, 1 Borders store in Oz to close; 321 staff affected
Administrators Ferrier Hodgson has announced it is seeking expressions of interest for the Australian-based companies of REDgroup Retail.In an advertisement in yesterday's Australian Financial Review, the administrators encouraged 'all interested parties' to submit expressions...