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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