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Month of misery as restaurants and retailers fail


Month of misery as restaurants and retailers fail
High profile restaurants and retailers were among the 50 company failures over the past month but experts warn more corporate collapses are on the horizon.
Business
by Glen Norris, Emmaline Stigwood
8th Jan 2021 12:39 PM
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A steep increase in corporate failures is expected in the coming weeks as debt holidays introduced during COVID-19 come to an end.
In December there were 46 company liquidations and five administrations across Queensland with high profile closures including national lingerie retailer Big Girls Don't Cry (Anymore), Noosa eatery Madmegs & Co and a key player in the job training sector Job Coaching Australia.

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