The RedGroup Retail bankruptcy situation has taken a turn for the worse. Administrators for the now bankrupt Australian bookstore chain conglomerate announced that gift cards would no longer be valid after 3 April. Anyone who doesn’t spend them will be SOL. That’s not a good sign.
Entries Tagged as 'retail'
Books Are Not Retail
February 21st, 2011 · 7 Comments · opinion
Matt Blind runs a bookstore for one of the major chains here in the US. Occasionally he picks up a keyboard and gives us an inside view of bookselling. — Retail pays the rent, but isn’t what draws people into the store. For every single diehard reader that still buys books, there are: 2 homeless [...]
Cybook Orizon due out in October – retail is 229.99€
September 19th, 2010 · 1 Comment · hardware news, Sipix
Bookeen released another driblet of info Friday about their next e-reader, the Cybook Orizon. It should be available in mid-October with a retail of 229.99€. The Orizon has a 6″ Sipix, Wifi, touchscreen, and was designed in house by Bookeen’s staff. via Facebook
Kobo parent Redgroup Retail in dire financial straights
August 12th, 2010 · 2 Comments · redgroup
Crikey, an Australian news blog, has the tale: Redgroup Retail, parent of the Borders and Angus & Robertson chains, has been forced to jack up prices, increase returns and extend trading terms with its suppliers, according to industry sources. The company told the New Zealand Stock Exchange in July it was likely to breach two of [...]

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