REDgroup administration: Pearson to acquire REDgroup online
Pearson Australia has announced this afternoon that it has reached an agreement with REDgroup Retail administrators Ferrier Hodgson to purchase REDgroup's online business. The agreement includes both the Borders and...
REDgroup administration: 42 A&R stores to close; negotiations continue for remaining company stores, franchises and online business
The administrators of REDgroup Retail Ferrier Hodgson have announced that a further 42 Angus & Robertson (A&R) stores will close down.The stores to close are:New South WalesPenrith PlazaAlburyCharlestownChatswood ChaseKotaraMaitland GreenhillsPagewoodQueanbeyenRhodesSalamander BayQueenslandBurleigh HeadsKippa...
REDgroup administration: 42 A&R stores to close
The administrators of REDgroup Retail Ferrier Hodgson have announced that 42 Angus & Robertson (A&R) stores will close down.The stores to close are:New South Wales:Penrith PlazaAlburyCharlestownChatswood ChaseKotaraMaitland GreenhillsPagewoodQueanbeyenRhodesSalamander Bay.Queensland:Burleigh HeadsKipparingBundabergCairns CentralCannon...
REDgroup administration: Employee entitlements secured; Remaining Oz Borders stores to close; Supanews bids for A&R; Mackenzie returns to Whitcoulls
Following the announcement last week that the remaining Australian Borders stores will close down, REDgroup administrators Ferrier Hodgson have confirmed that they will be able to honour all pre-appointment entitlements owed...
REDgroup administration: Supanews places bid for A&R
Newsagency chain Supanews has confirmed to the Weekly Book Newsletter that it has placed a bid to purchase the Angus & Robertson (A&R) franchise network and some company stores from...
REDgroup administration: Remaining Australian Borders stores to close
REDgroup administrators Ferrier Hodgson announced today that the nine remaining Borders stores in Australia will close.Borders stores in Carlton, Chadstone, Melbourne Central, Knox, Perth, Bondi Junction, Canberra, Chermside and Robina...
REDgroup administration: Remaining Australian Borders stores to close
REDgroup administrators Ferrier Hodgson announced today that the nine remaining Borders stores in Australia will close.Borders stores in Carlton, Chadstone, Melbourne Central, Knox, Perth, Bondi Junction, Canberra, Chermside and Robina...
REDgroup administration: stores to stop accepting orders from today as administrators ‘urgently’ seek buyers
Administrators 'urgently seeking' buyersStores no longer accepting new stock; online business continues to accept ordersFurther 34 head-office staff redundanciesNegotiations with creditors over proposed DOCA endWhitcoulls, Borders in NZ soldThe Weekly...
REDgroup administration: Suppliers advised to cancel orders; No stock deliveries will be accepted after 1 June
The administrators of REDgroup Retail informed suppliers yesterday that the company's bookstores in Australia will not accept any further deliveries of stock after Wednesday 1 June. Ferrier Hodgson advised suppliers...
REDgroup administration: 34 head-office staff made redundant; administrators ‘urgently seeking’ offers from potential buyers
The administrators of REDgroup Retail have announced that 34 employees at REDgroup Retail's Australian head-office will be made redundant. A spokesperson for Ferrier Hodgson told the Weekly Book Newsletter that...
REDgroup administration: brand could ‘cease to exist’ within a month
Negotiations between REDgroup Retail and its creditors have ended and the brand could 'cease to exist' within a month unless individual bookstores are sold, reports The Age. The Weekly Book...
REDgroup administration: NZ businesses sold
REDgroup administrator Ferrier Hodgson has confirmed that the Whitcoulls and Borders businesses in New Zealand have been sold. Ferrier Hodgson has sold 57 Whitcoulls and five Borders stores to Project Mark...
REDgroup administration: NZ businesses sold
REDgroup administrators Ferrier Hodgson has confirmed that the Whitcoulls and Borders businesses in New Zealand have been sold. Ferrier Hodgson has sold 57 Whitcoulls and five Borders stores to Project Mark...
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...
REDgroup administration: Eight NZ stores sold
REDgroup administrators Ferrier Hodgson announced on 29 April that it has sold the Bennetts business in New Zealand. Ferrier Hodgson has sold eight Bennetts bookstores located in New Zealand universities to...
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...
REDgroup administration: A&R franchises withdraw termination notices; Ferrier Hodgson discontinue court proceedings
The administrators of REDgroup Retail, Ferrier Hodgson, announced this morning that they have reached a 'truce' with the 25 Angus & Robertson franchises that announced their intention to terminate their franchise...