The placing of national book chain Whitcoulls in voluntary administration is yet another example of an iconic New Zealand company being bought out and loaded up with debt, a union representing staff says.
Borders and Whitcoulls have been put under administration in Australia and New Zealand.
Australian parent company REDgroup Retail, which manages operations in both countries, called in voluntary administrators to the business.
Are bookstores a dying concept? Here is the latest selection of Your Views:
Are bookstores a dying concept?
AdvertisementAdvertise with NZME.
