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Daily Archives: July 2, 2026

Betts shoe stores enters voluntary administration, announces closure of 20 locations

Voluntary AdministrationBy July 2, 2026

Updated July 2, 2026 — 5:21pm,first published July 2, 2026 — 9:34am Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA Betts, one of Australia’s oldest shoe retailers, has called in administrators and will shut more than half its stores as it undertakes a…

Iron ore miner Nathan River Resources enters administration owing at least $300 million

Voluntary AdministrationBy July 2, 2026

Iron ore mining company Nathan River Resources (NRR) has gone into voluntary administration, owing more than $300 million in debt, unpaid wages and royalties. The company owns the Roper Bar mine, 600 kilometres south-east of Darwin in the Northern Territory. Work at the site stopped in April when the the company stood down its staff.…

Historic retailer Betts enters voluntary administration, closes 20 stores

Voluntary AdministrationBy July 2, 2026

One of Australia’s longest-running retailers has entered voluntary administration and will slash its store portfolio. Founded in perth in 1892, family-owned Betts has been passed down through five generations. At its peak, Betts operated nearly 220 stores; the restructuring process under voluntary administration will see the closure of 20 of its remaining 35 outlets. Lindsay…

Betts shoes enters voluntary administration, closes 20 stores

Voluntary AdministrationBy July 2, 2026

Australian shoe retailer Betts has announced it will close 20 of its 35 retail stores as part of a massive restructure, after the business entered voluntary administration last week. The company behind the Australian school shoe has made the decision to run as an online store, transitioning away from physical retail. The fifth generation family-owned…

Shoe retailer Betts to close 20 stores after entering voluntary administration

Voluntary AdministrationBy July 2, 2026

Long-running Australian shoe retailer Betts will close 20 of its 35 retail stores as part of a massive restructure of the business, after it entered voluntary administration last week. The family-owned retail chain has been operating for more than 130 years, having started out in 1892 as a small bootmaker’s shop in perth, founded by…

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