Brisbanes food and drink scene was rocked late last week by the closure of Mercado. The gourmet retailer had barely lasted six months after opening in November with designs on being Brisbanes 1500 square metre answer to Harrods Food Hall in London and Italys Eataly.
A sign in the window of the King Street retailer on Friday said the closure was due to a water leak. However, the Courier Mail reported the following day that the business was expected to go into administration this week, and the paper had seen copies of demands for overdue payments for supplies and payroll tax.
ASIC records now show the business, listed as King Street Marketplace, as being under administration. A former staff member familiar with the situation told Broadsh…
Read the full article at: https://www.broadsheet.com.au/brisbane/food-and-drink/article/king-street-gourmet-retailer-mercado-slips-voluntary-administration