Jobs safe at Crazy Clark's
WORKERS at Crazy Clark's stores on the Coffs Coast now have their jobs 'guaranteed' following the sale of the company, according to the receiver.
Receiver Ferrier Hodgson announced yesterday that Australian Discount Retail Group (ADR), who operate a chain of discount variety stores including Crazy Clark's, has been sold to Retail Adventures for an undisclosed sum.
Ferrier Hodgson partner, James Stewart, said the sale was great news for employees, suppliers and landlords seeking certainty from the process following ADR going into receivership in January.
“The sale guarantees the 2500 permanent and 7500 casual jobs under ADR,” Mr Stewart said.
That's small comfort to the local employees that have already been made redundant, with the Advocate learning last week that one fifth of the workforce of Coffs Harbour's Crazy Clark's store have been sacked.
The receiver said the redundancies of four staff members in Coffs Harbour was 'not a part of the receivership' but rather part of a 'rostering change'.
The Advocate understands a significant number of ADR employees across the country have been made redundant, but a spokesperson for the receiver did not have the figure of the total number of redundancies.
ADR operates a chain of more than 350 discount variety stores across Australia under the brand names Go-Lo, Crazy Clark's and Sam's Warehouse.