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: 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...
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: 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...
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...
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)...
REDgroup administration: Administrators Ferrier Hodgson initiate court proceedings against 25 A&R franchise stores
In a statement last Friday, REDgroup administrators Ferrier Hodgson announced that they have initiated court proceedings against the 25 Angus & Robertson (A&R) franchise stores that announced on 5 April that they would...
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: 25 A&R stores to terminate franchise agreements
As reported by Bookseller+Publisher online yesterday, 25 Angus & Robertson (A&R) franchises have announced that they have formally terminated their franchise agreements with the REDgroup Retail owned company. The Weekly...
REDgroup administration: 25 A&R franchises terminate agreements, go independent
Twenty-five Angus & Robertson (A&R) franchises have announced today that they have formally terminated their franchise agreements with the REDgroup Retail owned company. The A&R stores which will now operate...
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....
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...
REDgroup administration: 37 A&R stores, 1 Borders store to close; 321 staff affected
REDgroup administrators Ferrier Hodgson have announced that 37 Angus & Robertson stores and one Borders store in Australia will close, ‘over the next three weeks’.‘A total of 321 REDgroup Retail...
REDgroup administration: 37 A&R stores, 1 Borders store to close; 321 staff affected
REDgroup administrators Ferrier Hodgson have announced that 37 Angus & Robertson stores and one Borders store in Australia will close, ‘over the next three weeks’.‘A total of 321 REDgroup Retail...