Famous Australian retailer appoints administrators, over 600 jobs at risk

Homewares and electrical retailer Homeart has appointed voluntary administrators. The retailer, formerly known as Copperart, will continue to trade in a ‘business as usual’ sense while Daniel Walley, Phil Carter and Mark Robinson of PPB Advisory oversee a review of the company, which operates more than 100 stores and has 600 employees across Australia.

According to website, Homeart retails a tight range of electrical appliances, including kettles and blenders, along with manchester, furniture, home decor and petcare products. Other appliances sold include bagless vacuums, deep fryers, electric mixers, salad makers and seasonal products, mostly under Homeart’s trade brand Cookwell.

At the time of the announcement, Homeart operated 4 stores in the Australian Capital Territory, 42 in New South Wales, 31 in Queensland, 10 in South Australia, 1 in Tasmania, 14 in Victoria and 15 in Western Australia.

“Homeart is an instantly recognisable retailer that is well known and supported by the Australian public,” said advisory partner Daniel Walley.

“Our immediate priority is to conduct a review of the business, which will allow us to explore all possible options including a possible sale as a going concern. In the meantime, the business will continue to trade on a business as usual basis.

“We are working constructively with Homeart suppliers, business partners and its dedicated team of 600 staff to ensure we achieve the best possible outcome for the business.”

Since entering administration, Homeart has begun liquidating stock, selling product for up to 80 per cent off the marked price, according to advertising banners.

Homeart banner promoting the sale on its website.

Homeart banner promoting the sale on its website.

PPB Advisory has said that a first meeting of creditors will be held on Tuesday 3 February 2015 at a location to be determined.

Do you know more about Homeart entering administration? Please contact the editor in confidence.

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5 Responses to Famous Australian retailer appoints administrators, over 600 jobs at risk

  1. kurt mendes Mon 2 Feb 2015 at 4:54 pm #

    Mob 0431****** -Sku…03288 Mist fan was bought 13/.11./14 from Redbank Plaza Store 427 (427/01/7025)

  2. Anne collins Sun 1 Mar 2015 at 12:56 pm #

    I brought a electric grater/slicer/shredde sku03393, on the 26/12/14 i used it once and it broke. I took it back to the homeart store at springfield and spoke to taylor employe number (1620). He tested it and said that he confirmed it was not working but could not exchange it for me. He told me to email you and you would get back me. All i would like is the machine replaced please. Thank you anne collins

  3. Mario Comarmond Tue 3 Mar 2015 at 9:09 am #

    I purchased a vacuum cleaner in the Penrith Store. After 5 weeks, it stopped working. I took it back to the store and spoke to a lady who advised me to get in contact with homeart @ppb advisory.com. I have my receipt attached to the warranty. I would appreciate a reply from you telling me what my next step is to have the vacuum cleaner replaced.

  4. Bronwyn Thu 9 Apr 2015 at 2:47 pm #

    I bought a portable air conditinor
    didnt have a hose for the water to run outside it leaked everywhere & didnt work properly.
    I also cant find the receipt,i told the shop where i bought it they said to contact this place & it will be on file.

  5. Rach Mon 13 Apr 2015 at 4:47 pm #

    Purchased Food deydrator couple of months ago. It caught alight!!!!!!!
    Would like a public notice of some sort and a refund. (not willing to try a replacement – would never trust it. Electrical fire = Scary! luckily I was home!)

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