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REDgroup Retail

From Wikipedia, the free encyclopedia

REDgroup Retail
TypeSubsidiary
IndustryRetail (Specialty)
Pop-up Retail
Bookstores
Online shopping
Founded1998; 28 years ago (1998)
DefunctFebruary 2011; 15 years ago (2011-02) [1]
Headquarters
Melbourne, Australia
OwnerPacific Equity Partners
Number of employees
2,500[1]
DivisionsBorders (Asia Pacific)
Angus & Robertson
Whitcoulls
Websiteredgroupretail.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. 1 2 Speedy, Blair. "Borders, Angus & Robertson parent Redgroup Retail in voluntary administration". The Australian. Retrieved 5 January 2012.
  2. ↑ REDgroup Retail. "REDgroup Website". Archived from the original on 6 April 2010.
  3. 1 2 "Australia's REDGroup urgently seeks buyer-administrators". Reuters. 30 May 2011. Retrieved 11 September 2026.
  4. ↑ Borders, Angus & Robertson websites snapped up by educational publisher Pearson Australia Archived 2012-04-14 at the Wayback Machine
  5. ↑ Hammond, Michelle (15 April 2011). "A&R franchisees in limbo ahead of REDgroup sale". SmartCompany. Retrieved 11 September 2026.