The company, which owns Colorado, Diana Ferrari, JAG, Mathers and Williams, entered into receivership on March 30 when its lenders rejected its proposal for a management restructure.
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Thorn acquires, upgrades full-year outlook
Thorn Group has upgraded its underlying period profit tax range to $22 million to $23 million for the full year ending 31 March, which is a 34 per cent to 40 per cent increase.
Rocking results for ice creamery
Cold Rock, which is owned by Melbourne-based FFCo, ranked 31 on the BRW list for fastest growing franchise by revenue, up from 32 in 2010.
Gold Coast gets a $50M centre
Designed by architect Steve McCracken, the Capri on Via Roma will comprise 31 retail businesses over 4,200 square metres in a village-style marketplace.
Dymocks strings in rivals’ customers
The bookstore is inviting customers to bring in their Borders or Angus & Robertson rewards card into any Dymocks store during March to receive 1,000 points when they join the Dymocks Booklovers’ Rewards program.
FWO educates retailers on workplace laws
Fair Work inspectors will be providing information packs to employers previously covered by the NSW industrial relations system but who are now under the national workplace relations system.
More stores to come, Eagle Boys says
As part of its $18.5 million expansion strategy for the current financial year, Eagle Boys Pizza said it will open an average of more than one new store each week during the first six months of 2011.
Retailers prepare for a new year
The tone for new season trends of the gift and homewares sector will be set at the Reed Gift Fairs Melbourne, which will be held at the Melbourne Convention and Exhibition Centre from January 29 to February 1.
More join IGA network
Currently consisting of more than 1,300 supermarkets nationally, IGA has seen 13 conversions from other banners over six months to October 31.