CHOCOLATE and cafe chain Max Brenner will shut 20 of its 37 Australian outlets – including its Joondalup and Whitford City stores – after going into administration.
Administrators confirmed last week that more than half the stores operated by the Australian business would be shut today (October 8).
Staff working at the 20 locations will be made redundant.
“The decision to close stores is always regrettable but in this case we were left with no choice following a store-by-store review of Max Brenner operations,” administrator Barry Kogan said in a statement.
Nine stores will remain open in NSW, four in Victoria, three in Queensland and one in the ACT.
The company is pulling out of its Lakeside Joondalup and Whitford City outlets in WA, along with stores in South Australia and the Northern Territory.
Max Brenner Australia cited “escalating costs and tighter retail trade” as the reasons for entering voluntary administration earlier in the week.