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Go-Lo
View on Wikipedia | This article needs additional citations for verification. (March 2009) |
Key Information
Go-Lo was a chain of Australian discount variety stores with hundreds of stores throughout Australia. It was part of the largest discount retailer group in Australia. It was owned by Jan Cameron's Retail Adventures along with Sam's Warehouse, Crazy Clark's and Chickenfeed stores.
The company was sold by Miller's Retail to Australian discount retail in 2005. The chain's parent company, Australian Discount Retail, went into receivership in January 2009 after owing $201 million to creditors.[1] Recently the company and the other three chains of stores owned by Australian Discount Retail have been bought by Jan Cameron under the company name Retail Adventures.[2]
Retail Adventures previously announced that they will be abandoning the "Go-Lo" brand name. Over the next five years, all stores owned by Retail Adventures were to be re-branded and refitted as "Chickenfeed" based on the company's Tasmanian chain of discount stores.[3]
However, on 27 October 2012, parent company Retail Adventures Pty Ltd went into administration. Owner Jan Cameron continued to operate the business with a licence from the administrators. The Chickenfeed rebranding ceased, and any profitable Go-Lo stores were rebranded as Crazy Clark's.[4]
See also
[edit]References
[edit]- ^ "Discount retail chains collapse with debts of $201 million". Smartcompany.com.au. 21 January 2009. Archived from the original on 16 March 2009. Retrieved 21 March 2009.
- ^ Grimson, Ken (15 July 2009). "Discount retailer closing its doors". The Daily Advertiser. Retrieved 25 July 2009.
- ^ "Retailer Chickenfeed expands". The Examiner. 11 August 2009. Retrieved 26 November 2010.
- ^ "Retail Adventures Goes Into Administration". Herald Sun. 27 October 2012. Retrieved 27 October 2012.
External links
[edit]- Official Go-Lo Page (now redirects to a badly-made Rehab Website)