Vacuum retailer Godfreys goes bust, 50 stores to close

Godfreys Salisbury 1/60 Commercial Rd, Salisbury SA 5108, Australia

News.com.au first broke the news of Godfreys collapse on January 31.. The administrators initially restructured the business, closing 54 stores and sacking 193 people in a bid to save the company.

Godfreys SA’s John Johnston keeps faith despite looming loss Adelaide Now

Vacuum cleaner retailer Godfreys to shutter 54 stores as voluntary administrators called in. Vacuum and cleaning products retailer Godfreys Group is expected to let go of almost a third of its staff in Australia and New Zealand after appointing voluntary administrators, following a challenging period of lower demand combined with risings costs.

Godfreys

A phased closure of the Godfreys-branded stores will take place between now and May 31, according to administrators PricewaterhouseCoopers (PwC). Stores would continue to trade on an "interim basis" in clearance mode for existing stock. Five company-owned shops in New Zealand have already been closed. The 90-year-old business operated 141.

Godfreys

At least two out of 12 SA Godfreys stores are set to close, after the iconic retailer collapsed amid cost of living and economic pressures.. The first Godfreys store opened in Melbourne in 1936.

Godfreys in Victoria Locations

A major Australian retailer has gone into voluntary administration with expectations 193 people will lose their jobs and 54 stores will close. On Tuesday afternoon, Godfreys Group appointed.

Godfreys Physical Stores (page 3)

The vacuum cleaner retailer Godfreys Group has collapsed, leaving administrators in search of a buyer to keep the 93-year-old brand alive as they prepare to close dozens of stores, resulting in.

Godfreys Bundaberg 2 Stancer Ct, Kensington QLD 4670, Australia

Retail giant Godfreys is set to close all its stores in the coming months, after liquidators received no viable offers to purchase the business. Godfreys collapsed into voluntary administration after almost 100 years in business in January, resulting in more than 190 job losses and 50 store closures. Jane Allen, daughter of late Godfreys co.

Godfreys enters administration, with 54 stores to close Shepparton News

Established in 1931, Godfreys is one of the world's largest vacuum retailers, operating 141 stores and employing more than 600 staff across Australia and New Zealand. It has another 28 stores.

Godfreys facing ‘cash flow challenges’ as founder regains control The Australian

Retail giant Godfreys has collapsed into voluntary administration after almost 100 years in business, resulting in more than 190 job losses and 50 store closures. "After a proud trading history, spanning more than 90 years, the Godfreys Group is deeply saddened to announce today that it has made the very difficult decision to appoint voluntary administrators," family spokesperson Jane.

Unley and Hilton Godfreys stores set to close after iconic retailer collapses The Advertiser

Updated Jan 30, 2024 - 5.24pm, first published at 1.21pm. Godfreys, one of the country's largest vacuum cleaner retailers and supplier of specialist floor cleaning products, has collapsed.

Cleaning house slimmeddown retailer Godfreys rides rise of robotic vacuum cleaners

Say goodbye to Godfreys as entire chain prepares to shut down. Godfreys is set to disappear from the Australian retail landscape after administrators failed to find a buyer for the 93-year-old.

Unley and Hilton Godfreys stores set to close after iconic retailer collapses The Advertiser

The fall. This week, Australians learned Godfreys had collapsed into administration, with the future of its 141 stores and 600 staff in doubt. Administrators appointed to the failed retailer will.

Godfreys Domain Central 1, Shop 13/143 Duckworth St, Garbutt QLD 4814, Australia

However, about 54 stores are expected to close in coming weeks, five of which are in New Zealand. Iconic Australian retailer Godfreys has gone into administration.

Godfreys Stock Photos Free & RoyaltyFree Stock Photos from Dreamstime

All Godfrey stores are expected to wind up operations by May 31. Prior to appointing administrators, the Godfrey Group employed around 600 staff across 141 stores with an additional 28 operated by.

Godfreys Hoppers Crossing 52/54 Old Geelong Rd, Hoppers Crossing VIC 3029, Australia

Godfreys enters administration, with 54 stores to close. Leading vacuum retailer Godfreys Group has entered voluntary administration, a process expected to result in the closure of 54 stores within the next fortnight and the loss of nearly 200 jobs. Jan 30, 2024, updated Jan 31, 2024. A Godfrey's store in Brisbane. Photo: Dan Peled/AAP.

Godfreys Erina Shop T88A, Erina Fair, Terrigal Dr, Erina NSW 2250, Australia

Jan 30, 2024. Godfreys store network is expected to be reduced from 169 to 115 as a result of restructuring. -AAP Image. Leading vacuum retailer Godfreys Group has entered voluntary administration.