We reported a week ago that the last of the Borders stores in Australia closed down for good due to the ailing financial management with parent company RedGroup. It seems Borders and Whitcoulls in New Zealand were salvaged by The Norman family's James Pascoe Ltd. There are five remaining Borders Books right now and they will be officially absorbed into the Whitcoulls chain of … [Read more...] about Borders Bookstore in New Zealand to Be Rebranded as Whitcoulls