Barbeques Galore has appointed Grant Thornton as voluntary administrators as the retailer grapples with liquidity challenges, with receivers now tasked with restructuring or potentially selling the business. The Australian barbeque and outdoor lifestyle retailer operates 68 company-owned stores and 27 franchise locations nationwide and employs around 500 staff across its retail and operational network. Gift…
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Barbeques Galore enters voluntary administration: 500 jobs at risk, gift cards slashed The Economic Times Read the original article here
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Iconic Australian retailer Barbeques Galore has collapsed into receivership, putting approximately 500 jobs at risk. The company, which operates 68 company-owned stores and 27 franchise stores, cited cashflow issues as the reason for its voluntary administration. Receivers have been appointed to assess options for restructuring or selling the business. Despite the restructuring process, the company…
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REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
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