Terracotta Abstract Rug 240x300cm
LEASES EXPIRING, OWNER RETIRING. ALL STOCK MUST GO!
After many years, the owner has decided not to renew multiple leases and will review the business status going forward with the ultimate goal of retirement.
The aim is for all stores, (except Silverdale at this stage), along with the central distribution centre to close in April or May.
Therefore all stock is discounted to sell. Please note: no holds, all sales are final. And a big thank you to the many thousands of loyal customers over the years.
Some answers to the FAQ.
Are we closing?
Not at this stage. Our Silverdale store still has an ongoing operating lease and, depending on the $10m stock clearance rate, we will reassess continuing with a store but in a limited capacity, along with our successful web site business (relocated).
The owner simply wants to retire. Now’s the time. It’s nothing to do with Covid-19 or the economy. The main factor is that six commercial leases are now up for renewal for further terms of 4-6 years, with each lease requiring a personal guarantee, which the owner has decided he does not wish to commit to.
Will prices get any cheaper?
The stock is, on the whole already, priced to clear. All stock is priced at various discount levels, with very limited stock in most cases.
Please note all sales are final and are subject to stock availability.
Can we pre order?
We can still accept ongoing orders for our NZ made suites. (After all, our Silverdale store will continue to stock most of our range.)