The Borders bookstore collapse has been a long time coming in Australia since the administrators of the beleaguered bookstore chain RedGroup went into administrative receivership a few months ago. There were no buyers willing to take the company over so the last remaining 9 Borders stores in Australia have officially closed up shop forever. The closure of the last remaining … [Read more...] about Borders Shuts Down Remaining Stores in Australia
Whitecoulls
REDgroup, Borders, Angus & Robertson and Whitecoulls go Bankrupt
Just shortly after the downfall of Borders in the United States word is out that the Australian book chains have been placed into voluntary administration by its private equity owners. They are not the only ones. Along with them are Angus & Robertson and the Whitcoulls chain in New Zealand. These locations are also where the Kobo e-reader is sold within the region. With … [Read more...] about REDgroup, Borders, Angus & Robertson and Whitecoulls go Bankrupt