Leading Aussie vacuum retailer Godfreys Group has entered voluntary administration, affecting the employment of approximately 193 staff across Australia and New Zealand.
Godfreys Group announced today that it had made “the difficult decision” to appoint voluntary administrators after almost 90 years in business.
“Sadly, like many retailers, we have been heavily impacted by consumer confidence and spending due to the economic era of high inflation, rising interest rates, and intense cost of living pressures,” said Jane Allen, a Johnston family spokesperson.
“We are also still suffering from the unprecedented business disruptions of the COVI…
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