Australian department store Harris Scarfe has collapsed into voluntary administration.
The company, which has been around for 170 years, has 66 stores around the country.
It’s best known in Victoria, Tasmania and South Australia, but has eight stores in Queensland and a further 13 in New South Wales, including Tweed Heads.
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Receivers Deloitte Restructuring Services said in a statement that the company is expected to be sold, with hopes to keep as many jobs as possible.
More than 1800 people are currently employed across the company, which sells clothing, kitchenware, bed, bath and home decor and electrical.
“The Receivers intend to achieve a sale of the business as a going concern and preserve the employment of as many people as possible,” Deloitte partner Vaughan Strawbridge said.
“Harris Scarfe is a longstanding retail institution. We will be making every effort to secure a future for the business and intend to commence an immediate sale-of-business process.”
It’s understood it will be business as usual over Christmas.