The three companies in administration comprise Not Quite Right Pty Ltd, Not Quite Right Holdings Pty Ltd and Retail Holdings 90C Pty Ltd, and 400 jobs spread across 26 stores are under threat.
”I’ll be reviewing the company’s financial position to determine the options and opportunities for the business,” said John Lindholm of Ferrier Hodgson, the voluntary administrator.
”NQR was established 20 years ago as a discount variety retail outlet, and the chain has since expanded to include 25 stores and more than 400 employees,” Ferrier Hodgson said in a statement.
Source: The Age
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