Retail chain Howards Storage World will emerge from voluntary administration, with administrators Deloitte securing a sale of the business and its franchise network to an unnamed buyer.
The business was placed into the hands of external managers in late 2016, with Vaughan Strawbridge and David Lombe from Deloitte appointed to manage the administration of four entities in the Howards Storage World group in early December. The business continued to trade throughout the voluntary administration process.
At the time, the group was operating 29 company-owned retail outlets in New South Wales, Queensland, South Australia and Victoria, while also wholesaling goods to a network of 30 franchised How…
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