Marcs, David Lawrence stores closing, jobs to be lost
Marcs and David Lawrence store staff may soon be out of a job after administrators announced the closure of 10 of its New Zealand shops.
The store closures will impact 11 full-time, 22 part-time and 11 casual jobs.
Marcs outlets in Auckland's High St, Newmarket, Onehunga, in Wellington's David Jones department store and Lambton Quay will close over the next two months.
David Lawrence outlets in Newmarket, Onehunga, Botany, Sylvia Park, and Willis St in Wellington will also close.
The fashion retail chains have been under threat since 13 of its stores in Australia closed in February.
"Both brands have been operating in New Zealand for more than 10 years," Rodgers Reidy administrator Andrew Barnden says.
"As administrators, we have an obligation to restructure the operations of the Australian and New Zealand businesses while we attempt to sell the business as a going concern.
"As a show of good faith, we are offering all loyalty customers full redemption of store credits and gift vouchers if they purchase in store by 31 March (subject to spending an equal amount in store).
"Whilst the New Zealand stores of Marcs and David Lawrence are closing permanently, we are dealing with interested parties with respect to the sale of the Australian businesses and are continuing to trade 177 Marcs and David Lawrence stores."
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