REDgroup administration: New Zealand DOCA
As reported in a Weekly Book Newsletter Special Bulletin on 27 July, REDgroup administrators Ferrier Hodgson will hold a 'watershed' creditors' meeting in Auckland, New Zealand, on 4 August to...
REDgroup administration: date of second creditors’ meeting announced; detailed financial reports released
As reported in a Weekly Book Newsletter special bulletin on 27 July, REDgroup Retail administrators Ferrier Hodgson has announced that second creditors' meetings will take place tomorrow, 4 August, in Melbourne and...
REDgroup administration: date of second creditors’ meeting announced; detailed financial reports released
REDgroup administrators Ferrier Hodgson has announced that second creditors' meetings will take place on 4 August in Melbourne and Auckland. The administrators have also made available separate financial reports about...
Collins Booksellers to acquire ‘group of’ A&R franchises
Collins Booksellers has announced that it has secured agreement with REDgroup administrators Ferrier Hodgson to acquire an undisclosed number of Angus & Robertson (A&R) franchise stores.Collins Booksellers CEO Daniel Jordon confirmed to the...
REDgroup administration: 2 A&R stores sold; remaining company stores to close
REDgroup administrators Ferrier Hodgson have announced that the last of the Angus & Robertson (A&R) bookstores owned by REDgroup Retail will close by the end of this month. Ferrier Hodgson said...
REDgroup administration: 2 A&R stores sold; remaining company stores to close
REDgroup administrators Ferrier Hodgson have announced today that the last of the Angus & Robertson (A&R) bookstores owned by REDgroup Retail will close down by the end of this month....
REDgroup administration: 2 A&R stores sold; remaining company stores to close
REDgroup administrators Ferrier Hodgson have announced today that the last of the Angus & Robertson (A&R) bookstores owned by REDgroup Retail will close down by the end of this month....
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...
Dunne to leave REDgroup
Acting CEO of REDgroup Retail Australia Gary Dunne will finish in his position with the company at the end of next month. Dunne has been appointed as the new general...
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: 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: 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...