Stratus Properties (NASDAQ:STRS) Gains After Liquidation Update – Kalkine Media
Stratus Properties (NASDAQ:STRS) Gains After Liquidation Update Kalkine Media Read the original article here
Betts shoes enters voluntary administration, closes 20 stores
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…
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REVEALED: Latest business liquidations in Leeton – The Daily Telegraph
REVEALED: Latest business liquidations in Leeton The Daily Telegraph Read the original article here
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Iconic Aussie brand Betts collapses into administration with 20 stores to shut: ‘Not sustainable’
Betts, one of Australia’s longest-running shoe chains, has called in voluntary administrators and will close more than half of its brick-and-mortar stores. Some 15 stores are expected to keep operating, as the iconic shoe company pivots its operations online. The shoe store has been slowly closing outlets in recent years following the shift to online…
Eleventh-Hour Deal Saves Insolvent Karkogelbahn Resort From Liquidation
In a dramatic, eleventh-hour turnaround, the insolvent ski resort on the Karkogel mountain in Abtenau (Tennengau) has been saved. Following intense, down-to-the-wire negotiations, the Salzburg Raiffeisen Association and the local landowners—who had previously refused to sign a critical lease extension—reached an agreement on Tuesday afternoon. The breakthrough comes just in time. Had the lease agreement…
'I was so shocked': Pilates studio closes days after EOFY sale – The Canberra Times
‘I was so shocked’: Pilates studio closes days after EOFY sale The Canberra Times Read the original article here
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