The future of Dean Street's Ishka store appears grim, with administrators appointed to oversee the homewares chain.
Staff at Albury Ishka could not comment about the future of the store. For a number of months the shopfront has been covered with 'closing down sale' posters, but Ishka would not comment when previously approached.
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Ishka chief executive Tony Darvall said he hoped the 50 per cent off sale, now dubbed the 'administrator appointed sale', could save the business. The company has 60 stores nationwide.
Mr Darvall said a delay in receiving $3 million worth of Christmas stock "crippled our business".
Ishka is the latest in a line of chain-retailers, including Harris Scarfe and Jeanswest, to enter administration and close stores.