Attempts to sell the failed home appliances and furniture retailer were unsuccessful.
The iconic Australian floor and cleaning company has collapsed into administration taking its New Zealand operations with it.
‘Re-inventing’ the New Zealand business is taking longer than expected, company says.
The company opened its first New Zealand warehouse in late September, 2022.
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The Australian retailer is pushing its trolly into the NZ market.
Retail NZ survey of almost 300 shop owners finds over 90% have been affected by theft, fraud and aggression in the past year.
The homeware retailer, which had five stores across the country, was placed into liquidation in February.
The retailer entered liquidation last week but will continue to trade through the process.