Book Supplier Wooldridges has closed all of its WA Stores

School books supplier Wooldridges has closed all of its WA stores and laid off staff. Accounting firm Grant Thornton was appointed administrators of Education Works Pty Limited, which trades under the name Wooldridges, Elizabeth Richards and Photoworks.

Wooldridges has around a 75 per cent market share of school book sales in WA with most of the schools requiring thier students to visit these shops to get thier books and study material, yet they have managed to get into this position. Punters were pretty disappointed with these results

A legal battle between Wooldridges and Corporate Express over delays which resulted in thousands of WA students starting school this year without ordered textbooks and stationery.

The company started as a family business in Perth in the 1960s. It was then bought by Sydney-based private equity firm Fulcrum Capital Partners in 2008.

Campion education is poised to boost its market share in the school books supply space following the collapse of Wooldridges and is looking into taking on some of Wooldridges redundant staff.

A meeting for Wooldridges creditors, suppliers and customers is scheduled for early August

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