Longstanding Canberra retail businesses, Bags To Go, has entered voluntary administration, as its administrators predict further companies could follow the same route as the government prepares to reduce JobKeeper payments. Bags To Go, along with its affiliated stores Travelite and Trend Bags, entered voluntary administration on July 24. The stores had been trading in the Canberra region for the past 16 years. Just one of its stores, its megastore in Fyshwick, remains trading, as does its online store. Bags to Go, Travelite and Trend Bags had stores across the ACT, including locations in Woden, Tuggeranong and Belconnen. There were as many as 24 stores operating around the country when the company went into voluntary administration. Canb…
Read the full article at: https://www.canberratimes.com.au/story/6853995/administrator-warns-of-big-hit-to-traders-as-jobkeeper-payments-become-reduced/
