Dymocks not to acquire Borders

Dymocks has decided not to seek to acquire Borders Australia store in Parramatta, along with 23 others, which is being sold by its US parent for an estimated $100 million, leaving A&R still in the running. Instead Dymocks will focus on its online business. The company has expanded its online offering to include more than 120,000 digital books customers can download at home or using in-store kiosks and a Dymocks-branded USB stick