Emma Lowe to join The Bookseller
Emma Lowe is to join The Bo...
S&S signs with Mofibo
Simon & Schuster has cu...
EC's Oettinger vows copyright action
The German politician nomin...
France accepts FBF 2017 invitation after delay
During an official visit to...
New initiative to be revealed at Bookseller Children's Conference
The Bookseller Children'...
Pearson buys REDgroup online businesses
04.07.11 | Graeme Neill
Pearson Australia is taking over the online business of collapsed Australian bookseller REDgroup, which includes the Borders and Angus & Robertson sites.
The publisher said it wanted to maintain "continuity for the business, its staff and customers" and the sites will be run as standalone businesses. Pearson has signed a deal with Kobo to provide e-books for the site.
Pearson Australia Group c.e.o. Dionne Higgins said: "REDgroup online has always enjoyed a strong market share, and an incredibly loyal customer base and we see this acquisition as an opportunity to further build this business. The team are committed to providing customers with a great online shopping experience."
REDgroup went into administration in February and has embarked on a series of store closures since then.