Bennetts Bookstores Ltd, which operates a chain of retail stores around the country, has been placed into voluntary administration after 130 years in business.
The company operates Bennetts book shops on university campus throughout the country including in Auckland, Canterbury, Palmerston North, Waikato and Wellington, which specialise in tertiary textbooks.
Bryan Williams of BWA Insolvency was appointed administrator at the end of last month and is looking for a buyer to take over the business.
Williams said the company was insolvent but the business was viable and the retail stores would continue to trade.
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“The plan is definitely to have Bennetts Bookstores thrive and to work through the issues that have cau…
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