281:, rather than strategies like sales per square metre and department performance. David Young explains "That core range is built on the 80-20 principle: 20 percent of our range will give us 80 percent of our business." In this way, the company focuses on their core merchandise range and seasonal demand is what drives the rest of the business platform. This in turn means that the specific stock will vary around the country, due to each individual store's ability to be flexible in promotion, planning and stock display.
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markets owned by Retail
Adventures by at least 30% per square metre. Chickenfeed utilized catalogue advertising approximately 25% less than its counterparts, and used television advertisements as their main marketing venture, working with 4–5 different product commercials. The success seen from these community strategies that Chickenfeed had utilized is what Retail Adventures planned to use for each of its brands. However, considering the company is now in
248:. Owner Jan Cameron was granted license to operate the viable section of the business. 950 staff were expected to lose their jobs, while 5000 full-time staff at 238 stores were to remain. The only brands that survived were Crazy Clark's and Sam's Warehouse; Chickenfeed shut down its stores across Tasmania and Victoria, with the remaining 6 stores sold to
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rate. As part of "Project
Simplify", Retail Adventures is beginning to offer training, development programs and potential career development to its employees. Employment opportunities which open up within the company are usually notified to the current staff through emails and company bulletins to
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The administrators allowed
Discount Superstores Holdings Pty Ltd to enter into a license agreement to run the majority of the stores until an agreement between the administrators, the business and its creditors finalised the debt that Retail Adventures owed. Discount Superstores Group, ran by Jan
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Each of the four subsidiaries of Retail
Adventures entered the acquisition with individual strategies and slogans. Retail Adventures had plans to merge all of their counterparts into Chickenfeed, with the slogan "Bargains with a Smile". Chickenfeed retailers on average outperformed all the other
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as a way to help keep overall costs down because of the lack of trading complexities. Whilst maintaining currently buying techniques, the company is in the process of upgrading its technologies to better manage aspects such as allocation, forecasting and replenishment of its merchandise.
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In March 2013, Jan
Cameron purchased the remaining viable sections of the business from the administrators for $ 59 million AUD following extensive restructuring, forming a new company DSG Holdings Australia Pty Ltd which traded under the name the Discount Superstores Group.
230:. Staff were assured their entitlements are safe, but the future of their employment would not be known for months as a buyer was sought for the business. The size and scale of ADR makes this the biggest retail collapse Australian business in over five years.
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The move to administration was not unexpected - in late 2012 Retail
Adventures had begun closing several stores across Tasmania, Queensland and Victoria, including almost 20 Chickenfeed stores. Some of these closures were forced, after Chickenfeed stores in
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200 million which was funded by NAB Capital, ANZ and BOS International. The combined entity was
Australia's leading discount variety retailer with revenues nearing $ 1 billion and a store presence in every state and territory in the country.
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Cameron, purchased the entire remaining assets of Crazy Clark's and Sam's
Warehouse for $ 59 million AUD in February 2013. In July 2014, it was announced Discount Superstores Group had also collapsed, entering receivership.
268:
initiated by Jan
Cameron and David Young since the acquisition of ADR in 2009. Young and his colleagues believed that the business was too complicated, and were planning a number of changes to be carried out by 2013.
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brands, operating 143 stores. It is owned by
Australian-New Zealand businesswoman Jan Cameron. It was announced on 1 July 2014 that the chain has entered receivership for the fourth time in 8 years.
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As part of "Project Simplify", Retail Adventures plans to utilize its unused physical space. The company is looking to either add 150 Chickenfeed stores to the brand, or become a
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were reclaimed by landlords because of unpaid rent. However, prior to rebranding occurring, it was announced that all Tasmanian Chickenfeed stores would close.
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208:(99 stores). In 2008 the company rebranded all The Warehouse stores as Sam's Warehouse as a condition of sale from The Warehouse New Zealand.
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On 23 March 2009 it was announced that the company had been sold to Retail Adventures Pty Ltd, a company owned by Australian millionaire
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was a discount variety retailer in Australia, formed in 2013 following the liquidation of former company Retail Adventures. It owned the
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352:. Earlier in October, news outlets had reported that Retail Adventures owed landlords thousands of dollars in unpaid rent.
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On 20 January 2009 the Board of Australian Discount Retail has placed the company in voluntary
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New Zealand to private equity firms Catalyst and CHAMP. Catalyst and CHAMP reportedly paid
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Australian Discount Retail was formed in 2005 after the sale of the discount division of
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298:), the company will instead be rebranding all Chickenfeed stores as Crazy Clark's.
594:"Jan Cameron's discount chains Crazy Clarks and Sam's Warehouse in administration"
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http://www.themercury.com.au/article/2012/10/20/364225_tasmania-news.html
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http://www.themercury.com.au/article/2012/10/19/364123_tasmania-news.html
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In October 2012, it was announced the company was going into voluntary
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On 27 October 2012, Retail Adventures Pty Ltd was placed into
470:"Discount retail chains collapse with debts of $ 201 million"
627:. Business Review Australia. 27 October 2010. Archived from
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encourage them to move up while staying within the company.
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The main competitors of Australian Discount Retail included
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713:"Discount retailer's days look numbered with unpaid rent"
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The end of the line for Jan Cameron’s Retail Adventures
408:"Sam's Warehouse, Crazy Clarks back in receivership"
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306:The retail industry generally suffers from a high
518:"Discount chain buckles putting 950 jobs at risk"
323:provider. Retail Adventures takes advantage of
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192:The company traded under the household names
180:) and the sale of The Warehouse Australia by
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791:Australian Discount Retail Corporate Website
665:"Retail Adventures goes into administration"
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836:Australian companies disestablished in 2014
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811:Australian companies established in 2013
821:Retail companies disestablished in 2014
753:"Remaining Chickenfeed stores to close"
492:"Australian Discount Retail Group sold"
399:
472:. Smartcompany.com.au. 21 January 2009
432:. CHAMP Private Equity. Archived from
430:"Australian Discount Retail Portfolio"
806:Defunct retail companies of Australia
7:
816:Retail companies established in 2013
448:"Bargain retailer into receivership"
786:Retail Adventures Corporate Website
625:"Company Report: Retail Adventures"
25:
450:. The Australian. 21 January 2009
277:Retail Adventures focuses on the
264:Project Simplify was a long-term
296:Retail Adventures#Administration
651:"More bad news for Chickenfeed"
133:Sam's Warehouse, Crazy Clark's.
693:. The Mercury. 2 November 2012
691:"Chickenfeed faces rebranding"
150:DSG Holdings Australia Pty Ltd
1:
410:. The Australian. 1 July 2014
826:Discount stores of Australia
566:"Retail Adventures Pty Ltd"
142:www.retailadventures.com.au
94:North Ryde, New South Wales
76:; 10 years ago
58:; 11 years ago
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546:. The Mercury. 11 May 2013
154:Discount Superstores Group
30:Discount Superstores Group
18:Australian Discount Retail
831:Companies based in Sydney
596:. Herald Sun. 1 July 2014
522:The Sydney Morning Herald
496:The Sydney Morning Herald
178:Specialty Fashion Group
544:"Chirpy cheap cheerio"
237:, the former owner of
38:Privately held company
348:will be rebranded as
321:third-party logistics
436:on 20 November 2008.
182:The Warehouse Group
109:Number of locations
31:
719:. 13 October 2012.
653:. 27 October 2012.
325:parallel importing
302:Employee retention
671:. 27 October 2012
524:. 27 October 2012
285:Chickenfeed brand
273:Stocking strategy
204:(39 stores), and
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16:(Redirected from
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759:. 20 April 2013.
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631:on 10 March 2012
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388:Target Australia
279:Pareto principle
260:Project Simplify
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498:. 23 March 2009
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250:The Reject Shop
221:The Reject Shop
206:Sam's Warehouse
174:Miller's Retail
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158:Sam's Warehouse
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780:External links
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772:11 August 2014
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669:The Australian
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340:and that most
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332:Administration
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308:staff turnover
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292:administration
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266:strategic plan
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246:administration
228:administration
200:(275 stores),
176:(now known as
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252:in May 2013.
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162:Crazy Clark's
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152:, trading as
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695:. Retrieved
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673:. Retrieved
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633:. Retrieved
629:the original
598:. Retrieved
573:. Retrieved
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548:. Retrieved
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526:. Retrieved
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500:. Retrieved
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474:. Retrieved
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452:. Retrieved
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434:the original
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412:. Retrieved
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315:Supply chain
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129:Subsidiaries
89:Headquarters
35:Company type
26:
697:13 December
675:13 December
346:Chickenfeed
235:Jan Cameron
202:Chickenfeed
122:Jan Cameron
800:Categories
528:27 October
476:25 January
454:25 January
394:References
358:Launceston
113:143 stores
239:Kathmandu
101:Australia
757:ABC News
635:30 March
570:Deloitte
502:29 March
372:See also
43:Industry
383:Homeart
217:Homeart
168:History
138:Website
79: (
71:Defunct
61: (
53:Founded
600:3 July
575:3 July
550:3 July
414:3 July
362:Hobart
47:Retail
378:Big W
342:Go-Lo
294:(see
213:Kmart
194:Go-Lo
118:Owner
699:2012
677:2012
637:2011
602:2014
577:2014
552:2013
530:2012
504:2009
478:2009
456:2009
416:2014
360:and
344:and
219:and
160:and
81:2014
74:2014
63:2013
56:2013
186:A$
802::
755:.
715:.
667:.
610:^
585:^
568:.
520:.
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223:.
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196:/
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65:)
20:)
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