Iconic Australian retailer Barbeques Galore has collapsed into receivership, putting hundreds of jobs at risk.
The company said in a statement today that cashflow issues have forced it to go into voluntary administration, and receivers have subsequently been appointed.
Those receivers – Quentin Olde, Luke Pittorino and Liam Healey of Ankura – are seeking to either restructure or sell the business.
The retailer operates 68 company-owned stores and 27 franchise stores throughout Australia, employing approximately 500 staff across its operations and store network.
Barbeques Galore CEO David White said management was “excited” to…