Figured a roundup of reports on / responses to the STL UK crisis might be useful. Reports marked * are largely nothing more than re-runs of the official press release with minimal or no additional comment. No doubt there are a few I’ve missed and more will emerge as the tragedy unfolds — but as I’ve said, I truly don’t think it needs to be a tragedy: despite the sceptics’ voices, I still believe that there are more than enough of us to save the day if only we will stand together.

I may be a tad crazy but I’m not crazy enough to think the entire edifice can be saved intact: it will have to be split up into smaller parts, with local Christian groups pooling resources to support specific branches of Wesley Owen, rebranded and refocused to serve their local communities. Kudos to the Bishop of Willesden, Pete Broadbent: he’s written to clergy in his area to see whether they can do something to keep the Harrow branch open. Do we have similar initiatives elsewhere in the country?

It’s also clear that some very hard questions need to be asked about the SAP implementation: why was it allowed to go so badly wrong? Why was it done as an all-or-nothing no-way-back project? We seem to be looking at some very serious high-level incompetence here and one of the first things whoever takes over the business will need to do is take a long, hard at this — then most likely scrap the system and start again.

An intriguing paragraph in the Civil Society report seems to offer a possible ray of hope for any parts of the business for which no buyer is found:

The corporate finance division of Baker Tilly is marketing the operations of the charity to a number of interested parties and hopes to complete negotiations for the sales or potential closures within the next few weeks. Young said that if buyers are not found for all parts of the business, Biblica may step in and buy the rest, but “ultimately IBS-STL UK will be wound up”.

Looking beyond Wesley Owen for a moment, all the shops that signed up to STL’s ‘Crown Books’ scheme now need to urgently rethink their ops.

Finally for now, for those who may have missed yesterday’s brief note: news has emerged of at least one publisher, Kingsway, pulling their stock out of STL’s Carlisle warehouse, returning it to their HQ in Eastbourne. I have requested further information from Kingsway: what happens, for instance, to retailers’ outstanding orders? No doubt an official announcement will be forthcoming.

Update, 24/11/2009: John Paculabo from Kingsway states:

As we approach certain timelines in our agreement, there are decisions that Kingsway will take irrespective of whether STL find a buyer or not, and currently these relate to foreign distribution.

STL remain our trade distributor, however in the today’s climate this poses a number of questions going forward, needless to say we are aware of thecomutations and possible implications.

I can assure you that Kingsway has not removed all of its stock from STL.

Update, 16/12/2009: Kingsway Books & Music back in stock at STL: STL Blog | Email Archive

Reports and Responses
Google News Search: Wesley Owen | IBS-STL UK | Biblica
Carlisle News & Star: STL News Stories

Reports marked * are largely nothing more than re-runs of the official press release. For a roundup of more recent reports, see Wesley Owen: 26 Branches Enter Administration, Others Sold (Updated) (19/12/2009)

Most recent first, list updated 12/12/2009: