Booktopia
Booktopia axes 165 jobs as administrators field interest from 60 parties
Barely two dozen employees remain at the embattled book retailer whose administrators found the business didn’t have the funds to retain them.
- by Jessica Yun
Latest
Opinion
Insolvency
A series of unfortunate events: Demise of Booktopia is a page turner
A blindingly bright-coloured flag appeared only a month ago when the listed company told the market that directors’ fees for the year would be paid by issuing shares, rather than in cash.
- by Elizabeth Knight
Updated
Insolvency
Online bookseller Booktopia enters voluntary administration; Dymocks circles
The embattled retailer has appointed voluntary administrators after several months of trying to secure funding.
- by Jessica Yun
Booktopia might be on the brink, but your local bookshop probably isn’t
As Australia’s largest online bookseller struggles to forge a viable business model, many independent booksellers have found ways to thrive.
- by Jessica Yun
Bookseller Booktopia takes desperate steps to survive
As its chief executive resigns, the online bookseller has arranged $1 million in emergency financing in an effort to stay afloat.
- by Derek Rose
Booktopia ordered to pay $6m over refund claims
The consumer watchdog took the online bookseller to court in 2021 after it told shoppers they had to notify the company of faulty orders within two days for refunds.
- by Emma Koehn
Booktopia cuts 40 jobs in bid to rewrite earnings story
Australia’s largest online book retailer announced cost cuts on Monday, aimed at saving at least $12 million, as it aims to turn the page on its performance.
- by Millie Muroi
The hapless, the almost reformed and Mike Cannon-Brookes: Corporate Australia’s highlights for 2022
Corporate Australia battled a much harder economic landscape than it expected during the year, but most attention was on board stoushes, hackers and a big move by the Big Australian.
- by Sarah Danckert
CBD
City life
By the book: Retail Food Group guru embarks on new adventure
It’s time for struggling online retailer Booktopia to open a thrilling new chapter.
- by Kishor Napier-Raman and Noel Towell
Booktopia’s board quits, leaving controversial boss Tony Nash in control
The founder of the nation’s largest bookseller pledged not to return as CEO but says he will be deeply involved in the appointment of a new board and CEO for the struggling online bookseller.
- by Sarah Danckert
Booktopia founder requisitions board purge
Booktopia’s ousted chief and founder, Tony Nash, is planning to remove the directors who removed him from the company last month.Â
- by Colin Kruger