Angus and Robertson bookshops and Supanews now together have Border’s 22 stores. So that is about 300 good stores. They also have large reserves of money as they are owned by Pacific Equity Partners who are huge.
Supanews have recently just purchased a newsagency in a major shopping centre Chadstone, they are good operators so I am sure that they will be doing a lot with it and soon I further suspect they will be acquiring a few more such newsagencies. This will mean a revolution in newsagencies from the inside as Supanews are good newsagents with buying muscle.
