Page 42 - Gary Mortimer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

National cafe chain Coffee Club has been hit with further store closures, with two outlets shutting their doors in the Queensland sugar city of Bundaberg. Liquidators have been appointed to Hellship, the franchisee who operated Coffee Club outlets at the city's Sugarland and Hinkler shopping centres, with creditors owed an estimated $350,000. The cafes employed between 15 and 20 casual staff. Liquidator Frank O'Neill, of SV Partners, said Hellfire had made the tough decision to close the two cafes after operating them for more than 20 years. The company had faced a slump in customers duri...

Feeling pressured to buy Christmas presents? Read this (and think twice before buying candles) ByGary Mortimer and Jana Bowden via The Conversation - December 24, 2020 - 12:13 PM 1531 '); Christmas marks a peak in consumerism across the West. Despite the COVID downturn, this Christmas the spending frenzy is unlikely to be dampened. One consumer sentiment survey showed about 12% of people expect to spend more this Christmas than in previous years. About one-third expected to spend less – a similar result to previous years. And retailers are also feeling optimistic: more than one in three e...

Premium Content Subscriber only CUSTOMERS scrambling to get ordered products or refunds from failed Brisbane lingerie business Big Girls Don't Cry (Anymore) have been warned some will miss out. Liquidator Jarvis Archer, of Revive Financial, said he was still determining the extent of unfilled orders and unclaimed gift cards sold by the business. "We understand a large stock shipment was received last week, and many orders were subsequently fulfilled prior to liquidation," said Mr Archer. "For a business of this size, we expect that there will unfortunately be customers who are impacted by ...

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Date Time Australian businesses lose millions through loss of unofficial trade channel COVID-19 lockdowns and travel restrictions have devastated the daigou market, with Australian businesses that depended on this unofficial personal shopper trade losing millions of dollars, consumer expert Professor Gary Mortimer, from QUT Business School, said. Daigou, the personal shopper trade, losing $millions Pre-COVID $2.5 billion worth of Australian goods went to China via daigous Infant formula and vitamin supplement business reporting decreases in net “Daigou tend to be Chinese nationals, often o...