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Posts Tagged ‘Borders Group’

Dymocks Ponders Bid for Borders Stores Down Under

The Sydney Morning Herald reports that Dymocks is understood to be planning a bid for the Australian and New Zealand business of US book retailer Borders Group. The move will pitch Dymocks against local private equity player Pacific Equity Partners, which owns Angus & Robertson, as well as Borders Australia’s management team, led by managing director John Campradt, which is also thinking of bidding.

Dymocks, the #2 Australian retailer behind Angus & Robertson, holds 17-18 per cent of Australia’s $1.2 billion book retailing market, which excludes sales in tertiary institutions and book clubs. It has more than 84 stores, most of which are franchised, in Australia, New Zealand and Hong Kong.

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Borders Pulls Out of Miami Airport Bidding

The Miami Herald reports that Miami International Airport is restarting its search for a bookstore/cafe operator at the new South Terminal, after a bid protest and complications over minority participation upended its previous plan to award the contract to Borders Group. Now it will be months before the concessionaire is selected — and late next summer at the earliest before the shop can be built, delaying the opening by six months. And when that happens, Borders won’t be part of the bidding.

“We’re extremely disappointed in terms of the process they are having us go through again,” said Susan Zewicke, vice president of U.S. operations for Borders, which already operates one bookstore at MIA. “As a result, we’re not going to be rebidding for this one. It’s not worth it to us.” New proposal packages are available to be picked up beginning Wednesday, and bids are due July 12. AMS, a joint venture between the Hudson Group and SF Airport Retail is still considering participating. “Miami International Airport is a very exciting and important market for our company, said Joe DiDomizio, Hudson Group’s executive vice president and COO. “So we will carefully review any new RFP opportunity to determine if it is in our best interests to participate in the competitive bidding process.”

Vidal Gets PEN/Borders Prize

The Associated Press reports that Gore Vidal, author, playwright and general provacateur, has been named the first winner of the PEN/Borders Literary Service Award, given to “a truly distinguished American writer whose critically acclaimed work helps us to understand the human condition in original and powerful ways.

“The breadth and depth of Gore Vidal’s brilliant work, his courage in speaking out, even at times when free speech has been at risk in our country, and his lifelong commitment to democracy, justice, reason, and common sense make him the ideal recipient of the inaugural PEN/Borders Literary Service Award,” Borders Group CEO George Jones said Tuesday in a statement.

The award, which has no cash prize, will be given to Vidal as part of the PEN Gala on April 30.