NQR – Not Quite
Right is not quite right and the 18 store supermarket network has been placed
into voluntary receivership. NQR was previously rescued from receivership in
2009. The current supermarket price war and activity from the likes of Aldi
have made the environment extremely competitive.
AVON To Exit
Australia/NZ – the multi billion dollar cosmetics giant, Avon, is to leave the
Australian/NZ market due to “no long term path to profitability”.
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