Clive Peeters collapse sucks in Rick Hart

May 21, 2010 1:29 PM
Filed under Finance

Sandgropers set to lose $1.1 million in national chain's collapse.

Hundreds of Western Australian customers of a chain of electrical shops owned by the failed Clive Peeters group have rushed state consumer protection offices seeking $1.1 million in deposits and goods awaiting delivery, it was reported today.

The West Australian newspaper reported the Department of Consumer Protection had received 480 calls from "disgruntled Rick Hart customers" and officers quoted expected that number to "skyrocket" today, putting pressure on the 25 people answering the State's consumer hotline.

Clive Peeters, the national electrical and whitegoods chain that owned 13 Rick Hart shops in WA went into voluntary administration on Wednesday owing $140 million.

Related coverage:

The department is building a database of customers to liaise with them and receivers to "try to get the best outcome" for those affected, a department spokesman told the newspaper.

"They should also contact the receiver and lodge their claims so that the receiver is aware of the outstanding purchases," he said

But the newspaper warned that customers who paid any monies were now unsecured creditors and may end up with nothing.

* updated 19:00 to reflect new customer figures

 
Follow us on Facebook and Twitter
 

Promo

Clive Peeters collapse sucks in Rick Hart
 
 
 
 
 
Top Stories
Perth MSP saves $120,000 by switching its rig to Nutanix
First Perth MSP to choose hot hyperconverged vendor.
 
 
Sydney MSP exec accused of $1.7m fraud
ICAC targets IT manager for alleged payments to his own company.
 
Sign up to receive CRN email bulletins
   FOLLOW US...
Polls
Which type of channel conflict annoys you the most?




Latest Comments
CRN Magazine

Issue: 340 | July 2015

CRN Magazine looks in-depth at the emerging issues and developments for the channel, and provides insight, analysis and strategic information to help resellers better run their businesses.