Australian favourite retailer Radio Rentals will close all of its South Australia stores.
The company announced in a statement that it plans to close its retail and online operations in June.
It’s also been confirmed that Queensland appliance business R.T. Edwards, which is owned by the same company, will also close due to ‘challenging business conditions’.
It has said all employees affected by the announcement will receive all their entitlements, including superannuation and annual leave.
“The company will support and counsel employees who are impacted and help them to find new jobs,” said South Australian Radio Rentals managing director, Nick Palmer.
It is thought the closure will result in the loss of hundreds of jobs.
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