Horror outcome after retailer’s $45m collapse
It racked up losses totalling $66.7m in the last 19 months and now employees, customers and creditors are in for an even bigger shock.
Retail
Warning as $180 bill boost set to expire
The clock is ticking for hundreds of thousands of families to shave $180 off their power bill.
‘1,000 restaurants’: GYG’s shock $2.2bn move
Aussie fast food chain Guzman y Gomez has made a huge announcement on the future of the company which could spark a $200m expansion across the country.
90 jobs lost as bakery empire collapses
A hospitality group has collapsed into liquidation, with all seven of its business ceasing to trade immediately while 90 staff have been affected.
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Insider reveals David Jones’ big mistake
An insider has revealed the real reason David Jones is struggling in Australia and the big mistake the store has made.
Beloved toy store to return to Australia
The company has unveiled plans to re-establish Australian stores after it went into liquidation and closed 44 stores across the country.
Shop collapses as owner goes bankrupt
A second bridal shop has collapsed into liquidation in as many days with the owner saying she was unable to “hang on” and had no choice but to declare bankruptcy.
‘Iconic’ Aussie chocolate brand collapses
One of Australia’s oldest chocolate brands has collapsed into administration and is seeking buyers urgently.
Aussies storm stores for final Fantales
Fantale fans are scrambling to get their hands on packets of their favourite sweet before they sell out, with many store shelves empty.
Tough penalties to protect retail staff
Almost nine in 10 retail workers have been abused or assaulted, with tough new laws introduced to curb attacks.
‘Upset’: Major problem exposed in photo
Dozens of couples in Melbourne and Sydney have been blindsided after a company collapsed suddenly earlier this week.
‘Alive’: Chinese billionaire abruptly emerges
Chinese billionaire Jack Ma is “alive” and “happy”, according to a top executive, speaking more than two years after the tech founder mysteriously vanished.
Major store’s sales collapse
One major Australian retailer has become the latest to report a huge slump in sales that could see profits collapse.
Hippie gemstone pulled over asbestos fears
A popular item sold in new-age stores across Australia’s southeast that proponents claim can help “detoxify” the body has been urgently recalled.
Original URL: https://www.themercury.com.au/business/companies/retail/page/122