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

Ex-contractors reveal Harvey Norman business model pressures
Retail Exclusive

Ex-contractors reveal Harvey Norman business model pressures

The promise of big money can require extreme flexibility from ‘proprietors’.

Gregor Thompson 05 Feb 2025
SPQR liquidators looking to sell trademark
Retail

SPQR liquidators looking to sell trademark

The well-known Ponsonby restaurant failed last July.

Oliver Lewis 04 Feb 2025
Woolworths names new NZ managing director
Retail

Woolworths names new NZ managing director

Sally Copland is crossing the Ditch to take over as managing director of Woolworths New Zealand. Copland has worked for the Australian-based grocery group for more than 18 years and has formerly held senior positions in NZ, including as interim managing director.In the announceme...

Staff reporters 04 Feb 2025
Briscoe FY sales ‘near flat’
Retail

Briscoe FY sales ‘near flat’

Rod Duke is anticipating a tough first half.

Gregor Thompson 04 Feb 2025