Go-Lo

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 3 chains of stores owned by Australian Discount Retail have been bought by Jan Cameron under the company name Retail Adventures.[2]

Go-Lo
Discount retail
Defunct2012
Headquarters
Australia
OwnerJan Cameron
Number of employees
5000
ParentDSG Holdings Aust Pty Ltd (Discount Superstores Group)
Websitehttp://www.golo.com.au
A Go-Lo store closing down in Wagga Wagga, New South Wales.

Retail Adventures previously announced that they will be abandoning the "Go-Lo" brand name. Over the next 5 years, all stores owned by Retail Adventures will 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 will continue to operate the business with a licence from the administrators. The Chickenfeed rebranding has ceased, and any profitable Go-Lo stores will be rebranded as Crazy Clark's.[4]

See also

References
  1. "Discount retail chains collapse with debts of $201 million". Smartcompany.com.au. 21 January 2009. Retrieved 2009-03-21.
  2. Grimson, Ken (2009-07-15). "Discount retailer closing its doors". The Daily Advertiser. Retrieved 2009-07-25.
  3. "Retailer Chickenfeed expands". The Examiner. 11 August 2009. Retrieved 2010-11-26.
  4. "Retail Adventures Goes Into Administration". Herald Sun. 27 October 2012. Retrieved 2012-10-27.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.