Farmer Charlies in receivership
NORTHERN Rivers grocery chain, Farmer Charlies, has gone into receivership.
But at this stage the three stores at Lismore, Ballina and Evans Head will remain open, and employees will not lose their jobs.
Deloitte partners David Lombe and Simon Cathro yesterday confirmed they had been appointed receivers and managers of Farmer Charlies.
“The receivers are looking to preserve the long-term viability of these stores with a view of selling them as going concerns,” Mr Lombe said.
“Employees of these stores have been notified of the appointment and will continue to be employed on a 'business as usual' basis while a review of the financial position of these stores is undertaken.”
Deloitte declined to give the reason for the stores going into receivership.
Casino woman Maureen Golledge was shopping at the Lismore store yesterday with her daughter, Karen, and grandchildren Katlin Woods, 9, Kelly Woods, 7, and Corbin Woods, 6.
“It's sad to hear the stores have gone into receivership,” she said.
“We love coming here. Every time we come to Lismore we stock up at Farmer Charlies.”
Karen Golledge said she liked to look at the specials.
“We've come today for the watermelons, tomatoes and capsicums. You can't get deals like those in the supermarkets,” she said.
“We come from Casino at least once a fortnight.”
Farmer Charlies' general manager, Simon Burgess, would not comment on the stores going into receivership when contacted by The Northern Star yesterday.
Lismore Chamber of Commerce president, Michael Haddin, said it was a shock to see the chain go into receivership.
However, he admitted there had been speculation about it for some time.
“They have the range of products, so I guess it's just a matter of whether they were competitive,” Mr Haddin said.
“It's a shame to see this happen.
“I just hope that someone takes it over or buys it, or that they can trade their way out of it.”
Ballina Chamber of Commerce chairman, Glenn Costello, said the situation was 'regrettable and disappointing'.
“It's pretty sad. All I can say is that the chamber is upset that a great organisation like this has fallen to the tough times we are experiencing,” he said.
Farmer Charlies' Yamba store closed in May last year after being open for just 13 months.