Godfreys to close for good after the vacuum cleaner retailer fails to find new buyer
Godfreys to close for good after the vacuum cleaner retailer fails to find new buyer
www.abc.net.au Godfreys to close for good after the vacuum cleaner retailer fails to find new buyer
Vacuum cleaner retail chain Godfreys will close by the end of May, after administrators were unable to find a suitable buyer to purchase the business, which had been struggling in the "challenging economic operating environment".
- In short: Vacuum cleaner retailer Godfreys will close for good after administrators were unable to find a buyer for the struggling business.
- The closure will affect 141 stores in Australia and New Zealand, and result in 600 job losses.
- What's next? Godfreys stores will gradually close by May 31, with stores run by franchisees having until March 31 to sell any remaining stock.
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