Westfield shopping centre in Doncaster, Victoria. Source: AAP.
The liquidator of art supplies retailer Riot Art & Craft has confirmed the e-commerce arm of the business was sold to a related entity prior to the business collapsing.
Riot Art & Craft closed its 56 stores last week, after entering liquidation and informing staff members via text message that they no longer had jobs.
A message posted on the Riot Art & Craft website claims the e-commerce part of the business is continuing to trade under new management, however, former employees of the business have questioned the independence of the new owners.
The online Riot Art & Craft business is now operated by a company called Riot Stores Pty Ltd, which was registered in early Ap…
Read the full article at: https://www.smartcompany.com.au/industries/retail/riot-art-craft-online-sold-related-entity-liquidation/
