Tag Archives: Aussie Author Challenge

Autopsy reports from the REDgroup Retail collapse

There’s been a lot of ink spilt over the news that REDgroup Retail has gone into administration casting an uncertain future over its 26 Borders and 164 Angus & Robertson shops in Australia.

The autopsy reports vary. Some say the company was the victim of online retailing, others that it was just badly run.  Former NSW premier, Bob Carr, said it was the inevitable result of flawed protectionist policies.

I’m not going to pretend I have the answers. All I know is that as an aspiring crime novelist, I doubt it’s going to make getting published any easier.

Of those who have thrown their ten cents into the debate, two are worth quoting in detail. Here’s what founder and publisher of Scribe Publications, Henry Rosenbloom, had to say:

“The REDgroup story is indeed a cautionary tale, but not of the type Carr (or some others) think. This is not a territorial-copyright story. Nor is it an internet-takes-over bookselling story.

Borders/A&R in its REDgroup incarnation was a very badly-run business, for which the owners, PEP, are responsible. The managers were bovver boys who alienated all their inherited knowledgeable staff (who left), made appalling decisions about stock selection and presentation, and tried to treat books like potatoes. They never listened, so their business declined drastically, and they ended up trying to sell giftware instead of books.Read more