The Pricewise chain of 16 budget personal care, health and household stores could be saved, says receiver Steven Khov. Khov was called in by a creditor to the retail business, which has stores in Auckland, Mt Maunganui, Palmerston North, Porirua, Wellington and Hamilton. The 100 frontline staff in the business had been retained in a bid to keep Pricewise trading until a buyer was found, Khov said. The Auckland stores were currently shuttered, pending exit from alert level 3, but the stores around the rest of the country remained trading. Hannah Peters/Getty Images Auckland retail stores are having to cope with trading at alert level 3 under which many are closed.

Source: Stuff August 24, 2020 04:59 UTC