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  • 2 days ago
Barbeques Galore has entered voluntary administration, putting around 500 jobs in doubt and slashing the value of gift cards, as business failures across Australia continue to climb.
Transcript
00:03Barbecues Galore, Australia's biggest barbecue retailer, has entered voluntary administration,
00:08putting about 500 jobs at risk and slashing the value of customer gift cards.
00:13Administrators were appointed on the 12th February, citing cash flow pressures as the
00:18retailer's biggest challenge.
00:20The retailer operates 68 company-owned stores and 27 franchise locations across Australia,
00:26but many franchise outlets will remain largely unaffected.
00:30Local branches, like the Armidale store in regional New South Wales, say it's business
00:35as usual.
00:36Because we're a franchisee, we can get stock from a multitude of different companies.
00:41If they go bust in 6 or 12 months' time, we can keep changing through and bring in other
00:45brands.
00:47Customers will need to spend $2 in cash for every $1 redeemed on gift cards.
00:51This, of course, is one way for the company to ease some of the financial pressure.
00:57So they're basically saying, we will honour the gift card, but you've got to spend a little
01:02bit more to actually get it.
01:03The collapse follows a wave of failures across retail and hospitality, with companies like
01:09Jeans West, Spring Gully Foods and Exotic Athletica collapsing under cost pressures.
01:14And a better price.
01:15Barbecue better with Barbecues Galore.
01:22The price is now called the benchmark of arthritis.
01:22Barbecue better with Barbecue.
01:23Barbecueétait pigeonlication cast.
01:23Barbecue better with Barbecue.
01:23Barbecue.
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