How shoppers are saving a fortune on expensive home gadgets after popular Australian store Godfreys entered administration
Customers are saving hundreds of dollars by purchasing deeply discounted Godfreys vacuum cleaners after the iconic brand announced its entry into administration.
Some customers manage to get up to 75 percent discounts on popular purchases, including robot vacuum cleaners and Bissell products.
Godfreys cited downward pressure on consumer spending caused by high inflation and concerns about the cost of living as reasons for its demise.
“Unfortunately, like many retailers, we have been hit hard by consumer confidence and spending due to the economic era of high inflation, rising interest rates and intense cost-of-living pressures,” said Jane Allen, daughter of co-founder John Johnston. on Tuesday.
Customers rush to Godfreys to score a bargain on vacuum cleaners, after the brand announced its entry into administration
Mama Purieh bought four new vacuum cleaners for $636.72 and saved more than $2,000
Mother of two Anastasia, from Victoria, spent a total of $430 and got her hands on the Tineco Floor One S7 Pro Vacuum Cleaner for just $325 ($1,299 MSRP), Bissell Cleaning Solution for $12.50 ($24.99 suggested retail price).
She shared an image on Facebook and wrote: ‘The manager told me the following stores will close on Friday unless they sell out before: Prahran, Richmond, Highpoint, Greensborough, Knox, Geelong, Dandenong and Frankston.
‘It might be best to call before you go to see what they still have in stock. It’s not advertised, yesterday Prahran had a printed piece of paper on the window that said ‘Ex Demo 75 percent off’ and Richmond had a handwritten note on the door that said ‘Up to 75 percent off.’
‘Termination of the sale of Godfreys. 75 percent off all display items, in excellent condition,” she wrote on Facebook
Customers were urged to call ahead or visit their local store as stock is likely to run out quickly.
Mama Purieh also bought four brand new vacuum cleaners for €636.72 and saved more than €2,000.
‘Termination of the sale of Godfreys. 75 percent off all display items, in excellent condition,” she wrote on Facebook.
She purchased the Tineco Carpet One Pro Shampooer ($999 MSRP), Tineco Pure One S11 cordless stick vacuum cleaner ($599 MSRP), 360 S8 Plus robot vacuum and mop ($799 MSRP), and a Miele vacuum cleaner ($649 MSRP).
Customers were urged to call ahead or visit their local store as stock is likely to run out quickly.
“That’s an insane bargain… I just got my Tineco for full price two months ago,” someone commented.
“This is extremely bad for the employees in those stores, but extremely bad for the customers,” wrote another.
The collapse of the famed company and its 141 stores in Australia and New Zealand threatens the livelihoods of 600 employees. Another 28 stores are run by franchisees.
Of the 600, about 171 from Australia and about 20 from New Zealand are expected to be out of work.