Big Retail Group Offers Up $1.4 Billion To Settle Accounting Scandal After Off loading Harris Scarf
Steinhoff, the corrupt South African retail group who changed their name to Greenlit Brands in Australia and were responsible for the questionable... Read More
Harris Scarf: Deloitte Trying To Flog A “Pig With Lipstick”
Deloitte, the appointed receiver to failed retailer Harris Scarf are now trying to “flog a pig with lipstick” under the guise of... Read More
BREAKING NEWS: Big Retailer Calls In The Administrators
Another iconic retailer has bitten the dust with South Australian retailer Harris Scarfe which is owned by Grenlit Brands placing themselves into... Read More
Steinhoff Gains Creditor Support Ahead Of Restructure
Embattled South African-owned retail conglomerate, Steinhoff International, has reportedly gained 100% third-party creditor support for its lock-up agreement (LUA) – taking effect... Read More
Nick Scali “Eager” To Buy Steinhoff Asia Pacific
Recent reports reveal Nick Scali Furniture is “eager” to purchase Steinhoff International’s local operations, on the occasion the retail conglomerate goes up for... Read More
Steinhoff Ex-Chairman Sues For $6 Billion
Former Chairman of South-African furniture and homewares giant, Steinhoff, is suing the retail conglomerate US$4.8 billion (~A$6.35 billion), in a bid to... Read More
Steinhoff Asia Pacific Open To IPO As Parent Slumps
Recent reports reveal Steinhoff Asia Pacific is eyeing an IPO, as its parent company continues to face the aftermath of accounting irregularities, coupled with... Read More
Steinhoff International Slowly Going Broke As Gerry Harvey Circles Local Assets
As Gerry Harvey looks at the value of buying the Steinhoff Asia Pacific operations which include some of Australia’s biggest budget furniture... Read More
Harvey Goes After Steinhoff Stores, Move Away From CE Tipped
Harvey Norman boss Gerry Harvey who already has a major slice of the bedding and furniture market now wants to have a... Read More
Local Retail Group Battles To Survive After Missing Out On The Good Guys
When The Good Guys was up for sale the then Chief Executive Michael Ford was a big supporter of an offer from... Read More