News roundup—Borders, Otto and more


  • The Guardian writes an
    epilogue for Borders, which fell into administration last
    night.

  • Mail order giant Otto is looking to divest its Privileg
    white-goods brand and is understood to be in talks with German
    retailer Metro regarding a possible sale, reports Reuters.

  • Today is Black Friday in the US, so called as it was the day
    retailers moved out of the red and into the black. Now known as
    the unofficial start of the US holiday shopping season, Black
    Friday remains one of the biggest shopping days of the year. The
    Financial Times
    charts how this year social-media are being used in conjunction
    with more traditional retail promotions.

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