Photo Corporation Australia, the parent company of PixiFoto Australia, is closing its doors for good after it was put into administration.
Payless Shoes has been placed into voluntary administration, which comes 10 days after the shoe retailerâ€™s managing director resigned.
Joining the long list of fallen retailers, women's fashion chain Ojay have reportedly been put into administration.
The Lea family, owner and operator of the Darrell Lea Chocolate Shops, has found a buyer for the collapsed business, which will see the closure of all remaining stores by Sunday.
Darrell Lea has been placed into voluntary administration, appointing Mark Robinson, Jack Bournelis and Daniel Walley of PPB Advisory as Voluntary Administrators of the business.
Retravision Southern has entered into voluntary administration appointing Bryan Webster and Leanne Chesser of KordaMentha as the administrators.
The administrator of the collapsed furniture retail company Furniture and Bedding Concepts, which owns Sleep City and Everyday Living, will be closing all 64 stores over the next six to eight weeks.
The restructure includes the immediate closure of 15 Fletcher Jones stores across Australia and 61 staff being made redundant.
Another two retailers - Damelian Automobile and Satch Clothing - have fallen victim to the deepening retail woes.
Another retailer has fallen as a victim of the ongoing difficult trading conditions with Bettina Liano entering into voluntary administration.
A further 16 Borders bookstores will close under the third round of restructure, Ferrier Hodgson, the administrators of REDgroup Retail, said.
A further 12 Angus & Robertson stores are expected to close, the administrators of REDgroup Retail said.The closures will result in 102 staff being made redundant.
Receiver James Stewart said the group's decline in performance was largely driven by the poor performance of the Colorado-branded stores. The other brands are performing well given market conditions.
Twenty-six members of the REDgroup Retail’s Melbourne head office have been made redundant, which were effecitve immediately.
Expressions of interest have been called for 74 Whitcoulls stores, nine Bennetts stores and five Borders stores. Advertisements calling for interested parties to come forward have begun appearing in national newspapers in New Zealand and overseas.
The administrators Ferrier Hodgson of REDgroup Retail is looking for potential buyers of 103 Borders and Angus & Robertson bookstores.
A total of 321 REDgroup Retail staff have been made redundant following the closure of 37 Angus & Robertson stores and one Borders store, administrators Ferrier Hodgson said.
With REDgroup Retail announcing it entered into voluntary administration last week, RetailBiz caught up with book chain Dymocks' CEO Don Grover to see whether they were feeling the pressure of online shopping.
REDgroup Retail, which also owns and operates Angus & Robertson and Whitcoulls in New Zealand, has appointed Ferrier Hodgson partners as voluntary administrators
Closing almost half of its underperforming stores, Krispy Kreme Australia has risen from voluntary administration.
The share, which is worth approximately $490 million in profit, has been sold to a new joint venture comprising APG of The Netherlands and CPPIB.
Dreamy Donuts has announced it will be accepting Krispy Kreme vouchers until the end of November.
It will see 15 stores in NSW, five in Victoria and one in Queensland close its doors with three stores in ACT already closed.
The company has appointed Mike Smith and Peter Hillig as joint voluntary administrators of the company.
The directors of the Kleenmaid Group have called in voluntary administrators to take control of the business.