// Workers AI · dad joke modeWhat did REDgroup Retail say to its shopper? "You're in the red now.
 | |
| Type | Subsidiary |
|---|---|
| Industry | Retail (Specialty) Pop-up Retail Bookstores Online shopping |
| Founded | 1998 |
| Defunct | February 2011 [1] |
| Headquarters | Melbourne, Australia |
| Owner | Pacific Equity Partners |
Number of employees | 2,500[1] |
| Divisions | Borders (Asia Pacific) Angus & Robertson Whitcoulls |
| Website | redgroupretail.com |
REDgroup Retail was the former parent (private equity) company of the Australian and New Zealand divisions of Borders. It also owned other retail entities such as Angus & Robertson in Australia and Whitcoulls in New Zealand.
REDgroup Retail also owned a number of specialty retail stores such as the Pop-up Retail chain, the Calendar Club in Australia and New Zealand along with the Supanews chain.[2]
REDgroup, which was owned by Pacific Equity Partners, went into administration in 2011 after collapsing due to high debts, a downturn in retail trade, competition from online sellers, and high rents charged by shopping malls.[3] Angus & Robertson and Borders Australia stores were closed or sold; the names and websites were sold to Pearson.[4] About 25 breakaway franchisees tried to end their agreements but administrator Ferrier Hodgson took action against them in the New South Wales Supreme Court.[5]
Whitcoulls was sold to the James Pascoe Group.[3]
References
[edit]- 1 2 Speedy, Blair. "Borders, Angus & Robertson parent Redgroup Retail in voluntary administration". The Australian. Retrieved 5 January 2012.
- ↑ REDgroup Retail. "REDgroup Website". Archived from the original on 6 April 2010.
- 1 2 "Australia's REDGroup urgently seeks buyer-administrators". Reuters. 30 May 2011. Retrieved 11 September 2026.
- ↑ Borders, Angus & Robertson websites snapped up by educational publisher Pearson Australia Archived 2012-04-14 at the Wayback Machine
- ↑ Hammond, Michelle (15 April 2011). "A&R franchisees in limbo ahead of REDgroup sale". SmartCompany. Retrieved 11 September 2026.