Vacuum cleaner retail chain Godfreys will close by the end of May, after administrators were unable to find a suitable buyer to purchase the business, which had been struggling in the "challenging economic operating environment".
  • In short: Vacuum cleaner retailer Godfreys will close for good after administrators were unable to find a buyer for the struggling business.
  • The closure will affect 141 stores in Australia and New Zealand, and result in 600 job losses.
  • What’s next? Godfreys stores will gradually close by May 31, with stores run by franchisees having until March 31 to sell any remaining stock.