Buyer couldn't be found for Godfreys, heading for 'progressive' wind down

Buyer couldn't be found for Godfreys, heading for 'progressive' wind down
(Image: Google)
Riley Kennedy
The administrators of Godfreys haven’t managed to find a buyer for the business and will now turn their attention to a “progressive” wind down of its operations.PwC’s Stephen White and John Fisk were appointed to NZ Vacuum Cleaner Company – the vacuum and commercial floorcare retailer’s New Zealand business – in late January.The pair joined their PwC colleagues across the Tasman – Craig Crosbie, Robert Ditrich and Daniel Whalley – taking control of the Australian parent, signalling...

More Retail

Warehouse drops guidance, loss now in scope
Retail

Warehouse drops guidance, loss now in scope

The retailer has raised the possibility of a full-year earnings loss.

Foodstuffs serves up reuse trial with Bonson
Retail

Foodstuffs serves up reuse trial with Bonson

Most shoppers skip reusable bags so will they return deli trays?

Cooks Coffee flags ‘material uncertainty’
Retail

Cooks Coffee flags ‘material uncertainty’

Executive chair Keith Jackson says the firm is not concerned. 

Gregor Thompson 30 Jun 2025
Leaner picture for 3M without masks
Retail

Leaner picture for 3M without masks

Annual results show a 61% drop in revenue in two years.

Denise McNabb 30 Jun 2025