Vacuum cleaner retailer Godfreys has entered voluntary administration, leaving 193 jobs on the line with 54 stores to close in the next 14 days as it undergoes a restructure while searching for a buyer.

  • Godfreys has entered voluntary administration while looking for a potential buyer for the vacuum cleaner retailer.

  • The business has struggled with maintaining its profitability due to reduced customer demand and higher operational costs.

  • Administrators expect 54 Godfreys stores will close within the fortnight, affecting 193 jobs in Australia and New Zealand.