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Bolitho appointed AllBooks4Less CEO

Discount-focussed bookselling chain AllBooks4Less has announced the appointment of David Bolitho to the position of CEO.  Bolitho will be responsible for ‘both the retail casual leasing bus...

Reader's Feast likely to open in new location in late November

Reader's Feast is likely to re-open in Melbourne in late November. On Twitter and Facebook the bookstore, which operated from the corner of Bourke and Swanston streets in Melbourne's CBD before closin...

Christmas sales up for most as retailers regain some of REDgroup's market share

As reported in a Weekly Book Newsletter special bulletin on Monday 23 January, 80% of respondents to our annual post-Christmas survey reported that Christmas sales were up on Christmas 2010. The Niels...

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 term...

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 the Wee...

REDgroup administration: 12 more A&R stores to close; Whitcoulls airport stores sold

The administrators of REDgroup Retail have announced a further 12 Angus & Robertson stores will close. A statement from administrators Ferrier Hodson released on Thursday 31 March said the cl...

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 Retai...

Kobo announces new funding

Kobo has announced increased investment in the company in a funding round reportedly led by Fidelity Investments and which Kobo says includes further investment from founding shareholders Cheung Kong ...

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 releases finalised annual report

Further to the Weekly Book Newsletter article REDgroup annual results: ‘Promising growth' in online sales but overall $43 million loss, the REDgroup has announced its final 2009-10 full year res...
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Inside this month's Bookseller & Publisher Magazine

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