Riot Art & Craft online business sold to “related entity” prior to liquidation
The liquidator of retailer Riot Art & Craft has confirmed its e-commerce arm was sold to a “related entity” prior to the business collapsing.
Riot Art & Craft shuts 56 stores, as pressure mounts on retailers
Art supplies retailer Riot Art & Craft has closed its 56 stores, after being placed in liquidation last week.
Are you keeping up with the COVID shift in consumer behaviour?
Businesses have changed during the coronavirus pandemic, but consumers have too. Here's five ways your business can meet these shifting consumer demands.
Former Myer boss Bernie Brookes saves collapsed accessories chain Colette by Colette Hayman
Collete by Colette Hayman has been bought from administration by an investor group led by former Myer boss Bernie Brookes and John Skellern.
Myer to house Amazon click-and-collect ‘hubs’: But will shoppers use them?
Australian department store Myer is teaming up with Amazon Australia to offer click-and-collect hubs inside 21 Myer locations, but one retail expert questions whether it will work.
Why $20 million online rug retailer Miss Amara rescued a party shirt business from liquidation
Online rug retailer Miss Amara has relaunched YP Threads, a Brisbane-based party shirt business that went into liquidation in June, after acquiring it for an undisclosed sum.
With a fully remote team, and growing sales, e-commerce retailer MTB Direct launches in New Zealand
Fast-growing Australian retailer MTB Direct has expanded into New Zealand, spurred on by growing consumer demand for mountain bikes during the coronavirus pandemic.
Miniso Australia in financial turmoil after master franchisee collapses, owing $14.6 million
The Australian master franchisee for multinational discount retailer Miniso has collapsed into voluntary administration after the COVID-19 pandemic saw sales plummet.
Sustainable design, flexible rent, and live streaming: Nine ways retail stores will change post-COVID
Online retail growth has exploded this year, but there is still a lot of life in retail stores. So how will retail stores be different after the pandemic. Here's nine ways retail stores will change post-COVID.
Collapsed T.M. Lewin Australia owes $10 million as unsolicited suitors line up
Administrators for T.M. Lewin Australia are considering whether to re-open some of the brand's retail stores to help clear stock ahead of a formal sale process.
Collapsed Seafolly to close 15 Sunburn stores, as 50 potential buyers express interest
Seafolly Group will close 15 of its Sunburn branded stores as administrators for the collapsed swimwear retailer seek to slim down the business for sale.
T.M. Lewin Australia collapses into administration, as UK-based parent restructures
T.M. Lewin Australia has collapsed into voluntary administration following a decision by its UK parent company to close all its stores in an emergency restructure deal.
