Godfreys to close for good after the vacuum cleaner retailer fails to find new buyer

• In short: Vacuum cleaner retailer Godfreys will close for good after administrators were unable to find a buyer for the struggling business.
• The closure will affect 141 stores in Australia and New Zealand, and result in 600 job losses.
• What's next? Godfreys stores will gradually close by May 31, with stores run by franchisees having until March 31 to sell any remaining stock.