THE question ‘will this business stay afloat’ is probably the furthest thing from shoppers’ minds when they place products on lay-by.
But maybe that should be the first.
As Bubs Baby Shops goes into voluntary administration Coast shoppers have again been left wondering whether they’ll get the products they’ve put down payments on, or if they’ll see their money again.
Usually the people who lay-by items are those that can’t afford to spend a great whack of cash in one go.
They’re the ones who can least afford to lose their deposits to a company that has gone out of business.
And given the nature of this particular business, the stress of losing cash or products like cots that expectant parents are relying on for imminent births, …
Read the full article at: https://www.sunshinecoastdaily.com.au/news/soapbox-little-guys-lose-when-business-goes-bust/3214890/