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

Will Sharesies investors still support Me Today?
Retail

Stock & Trade: Will Sharesies investors still support Me Today?

Me Today is launching its fifth capital raise since March 2020.

Stock & Trade 05 Sep 2025
KMD Brands announces $25m ‘cost reset’
Retail

KMD Brands announces $25m ‘cost reset’

KMD Brands said it will take out $25 million in costs as part of a “Next Level” transformation plan aimed at restoring profitability.     In materials released alongside its 2025 Investor Day on Thursday, the outdoor retail group said the strategy is designed to "unlock the full...

Staff reporters 04 Sep 2025
Not just Auckland: Ikea eyes online sales at 25-35%
Retail

Not just Auckland: Ikea eyes online sales at 25-35%

The Swedish furniture giant stresses that sales will be made online too.

Victoria Young 04 Sep 2025