Page 4 - Robert Ditrich News Today

Vacuum cleaning giant Godfreys has appointed voluntary administrators after 90 years. Immediate restructuring will affect 54 stores and 193 jobs.

The iconic brand cited downward pressure on consumer spending caused by high inflation and cost-of-living concerns as the reasons behind its demise.

The retailer, which sold vacuum cleaners and other cleaning devices, has joined a string of other retailers to appoint voluntary administrators in the post-COVID cost-of-living crisis.

Bass Hill Burger Pty Ltd, which traded as Flipp Burger Bass Hill, in Sydneys southwest went into voluntary liquidation last month.

Peter Douglas Leggett of Greendale, Victoria, has been disqualified from managing corporations for five years after his involvement in eight failed