Max Brenner’s Narellan store will remain open despite the chocolate retail company’s recent move into voluntary administration.
Advisory and restructuring firm McGrathNicol was appointed administrator by Max Brenner’s company directors in late September.
Max Brenner has 37 stores across Australia, including 15 in NSW.
Last Friday, Max Brenner confirmed that 20 of the company’s stores would close today (Monday, October 8).
However, 17 stores across the nation will remain open – including at Narellan.
Administrator Barry Kogan told Fairfax Media the decision to close stores was made following a review of Max Brenner’s operations.
It is understood Max Brenner moved into voluntary administration due to escalating costs and a tighter retail trade.
McGrathNicol will work closely with the existing Max Brenner management team.
The company’s Narellan store opened in October 2016 as part of Narellan Town Centre’s new restaurant precinct.
The Narellan store is Macarthur’s sole Max Brenner location.
Stores to remain open:
Belconnen (ACT), Macquarie Centre (NSW), Narellan (NSW), Doody Street – Alexandria (NSW), Charlestown (NSW), Blacktown (NSW), Manly (NSW), Sydney Tower (NSW), Tuggerah (NSW), Bondi Junction (NSW), Surfers Paradise (Queensland), Robina (Queensland), Southbank – South Brisbane (Queensland), Queen Victoria – Melbourne (Victoria), Highpoint – Maribyrnong (Victoria), Craigieburn (Victoria) and Doncaster (Victoria).
Stores closing today:
Kingston (ACT), UNSW – Kensington (NSW), Wollongong (NSW), Central Park – Chippendale (NSW), Newtown (NSW), Parramatta (NSW), Casuarina - Darwin (Northern Territory), Gasworks – Newstead (Queensland), Portside - Hamilton (Queensland), Milton (Queensland), Townsville (Queensland), Toowoomba (Queensland), Australia Fair - Southport (Queensland), Rockhampton (Queensland), Coolangatta (Queensland), Carindale (Queensland) Rundle Street – Adelaide (South Australia), Woodgrove – Melton West (Victoria), Joondalup (Western Australia) and Whiford City - Hilarys (Western Australia).