Times are tough for independent mobile retailers, not just competing with other businesses in the sector like JB HiFi, Officeworks and the like, but also the carriers and their own-branded stores as well. Today, one of the mid sized independent retailers has called it a day, with Allphones collapsing into voluntary administration.
Canadian-owned AMT Group operates the Allphones business in Australia, which has 84 stores nation-wide with 25 of these owned by Allphones themselves. The rest are owned by either franchisees or licensed and run on behalf of other parties. 18 of the 25 stores owned by Allphones closed today unfortunately, causing the immediate loss of 69 jobs. Staff were informed of the closures this …
Read the full article at: https://ausdroid.net/2017/02/06/allphones-collapses-voluntary-administration/