Discount supermarket chain NQR, owned by the founders of the Baker’s Delight chain, has gone into voluntary administration putting 351 jobs at risk unless a buyer is found.
NQR, which has 18 stores across Victoria, appointed Luke Targett and Bruno Secatore from Cor Cordis as administrators on Wednesday.
Mr Targett said stores will continue to trade as normal while the business is put up for sale as a going concern.
Most of the stores are profitable and making a contribution; theres a couple that were going to have to have a look at, but thats all part of assessing the business,” he said.
I believe theres a solid profitable core business there and tha…
Read the full article at: http://www.smh.com.au/business/retail/nqr-supermarkets-owned-by-baker-s-delight-founders-collapses-20180125-p4yyw6.html
