Administrators working quickly on Godfreys, five NZ stores closed

Administrators working quickly on Godfreys, five NZ stores closed
(Image: Google)
Riley Kennedy
The administrators of Godfreys' local business are moving quickly, closing five stores across the country within 24 hours of being appointed.PwC’s Stephen White and John Fisk were appointed to NZ Vacuum Cleaner Company – the vacuum and commercial floorcare retailer’s New Zealand business – on Tuesday, signalling store closures were likely as they looked to sell the company. The pair joined their PwC colleagues across the Tasman – Craig Crosbie, Robert Ditrich and Daniel Whalley – taking control of th...

More Retail

'Spectacular': Briscoe's Rod Duke rapt with 1Q sales result
Retail

'Spectacular': Briscoe's Rod Duke rapt with 1Q sales result

Unaudited group sales grew 1.03% amid tough trading conditions.

Grocery delivery businesses struggle with falling demand
Retail

Grocery delivery businesses struggle with falling demand

Have they bitten off more than they can chew?  

Gregor Thompson 03 May 2024
Michael Hill buffs up security as robbery costs climb
Retail

Michael Hill buffs up security as robbery costs climb

The jeweller has invested in new smash-proof assault glass and fog cannons.

Gregor Thompson 01 May 2024
Mighty Ape’s profits rise in quarterly update
Retail

Mighty Ape’s profits rise in quarterly update

 This growth came despite gross sales falling 9.2% to $30.4m.

Staff reporters 26 Apr 2024