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Corporate Collapses in Australia: Case of Harris Scarfe
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WebJan 9, 2024 · According to the minutes of the meeting, administrators believed 30 Harris Scarfe stores were “unprofitable”. Asked whether Allegro had expressed interest in buying the companies back, a Deloitte spokesperson told InDaily: “The receivers’ role is to trade the business and find a new buyer via a public sale process.” “They expect to achieve a sale to … WebJan 6, 2024 · Almost one month after appointing voluntary administrators, department store Harris Scarfe has said 21 of its stores will close over the next four weeks, affecting 88 full-time, 128 part-time, and 224 casual employees. According to voluntary administrators Deloitte Restructuring Services, 1380 positions will remain at the 44 stores that ... WebJan 6, 2024 · About 440 jobs will be lost and 21 stores closed as part of Harris Scarfe's troubled journey into receivership, which started shortly before Christmas. Deloitte told employees that 440 jobs would ... cuphead fast rolling dice