Go-Lo

Go-Lo
Type Discount retail
Headquarters , Australia
Key people David Young (CEO)
Owner(s) Retail Adventures Pty Ltd
Website http://www.golo.com.au

Go-Lo is a chain of Australian discount variety stores with hundreds of stores throughout Australia. It is part of the largest discount retailer group in Australia. It is 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] Recently Retail Adventures have 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]

See also

References

  1. ^ "Discount retail chains collapse with debts of $201 million". Smartcompany.com.au. 21 January 2009. http://www.smartcompany.com.au/Free-Articles/The-Briefing/20090121-Discount-retail-chains-collapse-with-debts-of-201-million.html. Retrieved 2009-03-21. 
  2. ^ Grimson, Ken (2009-07-15). "Discount retailer closing its doors". The Daily Advertiser. http://www.dailyadvertiser.com.au/news/local/news/general/discount-retailer-closing-its-doors/1568373.aspx. Retrieved 2009-07-25. 
  3. ^ "Retailer Chickenfeed expands". The Examiner. 11 August 2009. http://www.examiner.com.au/news/local/news/business/retailer-chickenfeed-expands-into-victoria/1593002.aspx. Retrieved 2010-11-26. 

External links