Vacuum cleaner retail chain Godfreys collapses, 193 job losses expected in coming fortnight
Vacuum cleaner retail chain Godfreys collapses, 193 job losses expected in coming fortnight
www.abc.net.au Vacuum cleaner retail chain Godfreys collapses, 193 job losses expected in coming fortnight
Vacuum cleaner retailer Godfreys has entered voluntary administration, leaving 193 jobs on the line with 54 stores to close in the next 14 days as it undergoes a restructure while searching for a buyer.
Godfreys has entered voluntary administration while looking for a potential buyer for the vacuum cleaner retailer.
The business has struggled with maintaining its profitability due to reduced customer demand and higher operational costs.
Administrators expect 54 Godfreys stores will close within the fortnight, affecting 193 jobs in Australia and New Zealand.
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