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Borders sellout

 
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Old 03-09-2007, 10:07 AM   #1 (permalink)
Mark Laszczuk
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Borders sellout
Not really anything to get excited over, but I kinda like the idea of Borders Aussie stores being bought out by a local company, so that the profits stay here rather than going to the U.S.

Support local retailers!

Berkelouw in bidding for Borders - Business - Business - smh.com.au

Mark
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Old 03-09-2007, 01:02 PM   #2 (permalink)
FrankGrimes
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Didn't the same thing happen to Gloria Jeans?
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Old 03-09-2007, 01:15 PM   #3 (permalink)
Mark Laszczuk
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HiFrank,

I dunno - I've always been under the impression that Gloria Jeans was owned and operated from scratch by Aussies. They did a story on Bread TV (business show that was on a few years ago) about Gloria Jeans and the owners were Australian.

Mark
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'Success is not about brilliance. Success is about perseverance. Hanging in there is of far more importance than any other single factor.' - Kristine

This is a general comment only and does not constitute advice. Before making legal or financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
Last edited by Mark Laszczuk : 04-09-2007 at 09:47 AM.
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Old 03-09-2007, 08:28 PM   #4 (permalink)
FrankGrimes
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Originally Posted by Mark Laszczuk View Post
HiFrank,

I dunno - I've always been under the impression that Gloria Jeans was owned and operated from scratch by Aussies. They did a story on Gloria Jeans (business show that was on a few years ago) about Gloria Jeans and the owners were Australian.

Mark
I believe it was American owned, they setup shop over here. It was vastly more successful here and someone bought the business with Australian $$. So the rights to "Gloria Jeans" worldwide is Australian, even though it wasn't started here.

Quote:
Originally Posted by Website

The Gloria Jean's Coffees Story

In 1995, Nabi Saleh, a businessman internationally regarded for his coffee knowledge and expertise and Peter Irvine, former Managing Director of advertising agency DDB Needham, visited the United States to experience first hand the Gloria Jean's Coffees brand. Nabi and Peter identified the opportunity for this unique brand in Australia and saw the chance to provide Australian consumers with high quality coffee and consistent service in accessible locations.
Together they established Jireh International Pty Ltd, the company that holds the right to franchise Gloria Jean's Coffees in Australia, and most recently purchased the rights to the Gloria Jean's Coffees brand for all international countries (with the exception of the USA and Puerto Rico).
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Old 04-09-2007, 09:49 AM   #5 (permalink)
Mark Laszczuk
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Well there ya go! Learn something new everyday. Not that I ever bought coffee there, I always go to Starbucks. Just kidding! Nah, I go to this nifty little place up the road where I get a large for $2.50 and every five I buy I get one free.

Mark
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'Success is not about brilliance. Success is about perseverance. Hanging in there is of far more importance than any other single factor.' - Kristine

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Old 04-09-2007, 10:21 AM   #6 (permalink)
Sim
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... and every five I buy I get one free.
Gee ... 6 coffees at once - no wonder you are hyperactive
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Old 04-09-2007, 11:03 AM   #7 (permalink)
Insight
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Borders rock, I always seek out the local Borders in every large city I visit.
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Old 04-09-2007, 11:49 AM   #8 (permalink)
Mark Laszczuk
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Gee ... 6 coffees at once - no wonder you are hyperactive
Yeah - and that's before I start work!

Mark
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'Success is not about brilliance. Success is about perseverance. Hanging in there is of far more importance than any other single factor.' - Kristine

This is a general comment only and does not constitute advice. Before making legal or financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
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Old 05-09-2007, 12:11 PM   #9 (permalink)
FrankGrimes
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Originally Posted by Mark Laszczuk View Post
Well there ya go! Learn something new everyday. Not that I ever bought coffee there, I always go to Starbucks. Just kidding! Nah, I go to this nifty little place up the road where I get a large for $2.50 and every five I buy I get one free.

Mark
Yeah I try to support the local guy, providing he makes a good coffee. I get a similar deal, 1 free after 5 coffees. Costs $3 for a large... I probably should save the money but I just like coffee too much
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Old 05-09-2007, 12:21 PM   #10 (permalink)
Mark Laszczuk
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Yeah I try to support the local guy, providing he makes a good coffee. I get a similar deal, 1 free after 5 coffees. Costs $3 for a large... I probably should save the money but I just like coffee too much
Hahahaha mate, it's $2.50 a coffee per six coffees, who cares? Penny pinching is for misers and life is too short to hold off on having a nice coffee for morning/afternoon tea.

Mark
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'Success is not about brilliance. Success is about perseverance. Hanging in there is of far more importance than any other single factor.' - Kristine

This is a general comment only and does not constitute advice. Before making legal or financial decisions you should seek advice from a professional adviser, who can take into account your specific circumstances and investment goals.
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