Australia’s largest book retailer is on the verge of total collapse, with administrators likely to break up the Borders and Angus & Robertson chains to sell to other retailers.
Borders
Your Say: Daily Mail readers' feedback: Who let the dog whistle politics out?
Crikey readers have their say.
Private equity to blame for REDgroup collapse
The private equity model of buying companies and loading them with debt was completely inappropriate for a company facing tough market conditions, writes Glenn Dyer.
A year in book buying: tallying the receipts
Only a fool would believe the public will rush to spend two — three times as much for their product in order to sustain book stores just because they’re nice. writes fiction editor at Australian Book Review Chris Flynn.
Your Say: Daily Mail readers' feedback: A return to a more moderate multiculturalism policy
Crikey readers have their say.
Crikey Says: Crikey says: who killed REDgroup?
Everyone’s in a lather this morning over the collapse of REDgroup retail, the owner of Borders Australia and Angus & Robertson.
Media briefs: Worst front page ever? … correction of the week … too-dear journalism …
In today’s Media Briefs: Who falls next in the Borders aftermath? … Is pure journalism unaffordable? … Magazines pick up, newspapers struggle. … Newspapers respond to Google One Pass
Kobo represents a new Australian inroad to e-readers
Margaret Simons may be getting rid of her Kobo e-reader, but let’s forget about the device and look instead at the list of titles on offer, writes Tim Coronel.
Simons: Why I won’t accept a free e-reader (even though I really want one)
Borders has sent our media blogger Margaret Simons a free e-reader, but although she needs and wants one, she’s giving it to the local Rotary op-shop instead.
Wankley Awards: The media on Borders’ Control a Woman
Press a button and a woman’s boobs will grow and she’ll fetch you a beer. Yes, such a product exists! And as lawyer Katie Robertson learnt this week, you can just press a button and create a little media storm as well.
Rebel with a pause as private equity puts hit-and-run on hold
News that private equity has pulled another attempt to take the money and run from a poorly performing retailer again causes us to ask, just where is the added value from private equity?
Sackwatch 12: Unemployment figures may be staying put for a while…
Crikey continues to track the job-loss carnage.
Talking Turkey, democracy and EU membership
Turks have just elected an Islamist government. Yet Turkey’s Islamists combine: free market economics, recognition of Israel, pro-Western foreign policy and more zeal to join the EU than any of its more allegedly secular predecessors. Irfan Yusuf investigates.
