From today’s National Business Review:

“An analyst says the book retail market is buoyant, despite Borders putting its New Zealand stores up for sale. Last week, the US-based Borders Group announced it would offload its operations in New Zealand, Australia and Britain. Tim Morris, managing director at Coriolis Research, which monitors the retailing market, says the book and newsstand sector in New Zealand is doing well. Mr Morris says he suspects a private equity buyer will snap up the Australasian Borders business.”