By ALENA HIGGINS
WARWICK’S Crazy Clark’s will close in a matter of days, a spokesman for the receivers has announced.
The Rose City shop is one of 22 stores shutting for good this Sunday, following the collapse of parent company DSG Holdings Australia (DSG) last month.
Fourteen employees, including 12 casuals and a full-time and part-time worker, will lose their jobs, KordaMentha Restructuring spokesman Michael Smith confirmed on Saturday.
Crazy Clark’s Stanthorpe was dealt a similar blow two weeks ago, with 39 staff let go on 27 July as part of the fall-out.
DSG, which also owns the embattled Sam’s Warehouse chains, owes $20 million to trade creditors and $10 million in staff entitlements.
The receivers hope to be in a position to pay those entitlements by the end of September, subject to stock sales, Mr Smith said.
This brings to 109 the total number of stores closed since DSG was placed into receivership on 1 July with the company suffering from “the softer consumer sales being felt throughout the retail industry”.
More than 1400 employees have been affected so far.
