My Baby Warehouse has 11 stores across sydney. Rotten luck for the 65 employees going into Christmas. For BBN shareholders however, it is interesting news. The company is planning greater expansion into NSW and QLD. With their number 1 competitor in sydney folding, the door into the sydney market has just opened nicely. Interesting times ahead.
http://m.smh.com.au/small-business/...pses-into-administration-20151213-glmofi.html
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