Radio Rentals to close all stores

Radio Rentals to close all stores

All 62 Radio Rentals stores nationally will close tomorrow until further notice in light of Covid-19 restrictions.

Thorn Group (ASX: TGA), Radio Rentals' parent company, says its focus is on protecting the health, safety and welfare of customers, team members, and the greater public.

"The decision to close the stores is a result of government's moves to limit the spread of the Covid-19 virus across Australia," says Thorn Group.

Radio Rentals' online store will continue to operate through the Covid-19 disruptions with the support of the company's back office customer service staff.

Shares in Thorn Group are down 11.54 per cent to $0.05 per share at 10:40am AEDT.

Updated at 11:01am AEDT on 2 April 2020.

Business News Australia

Australia's business news.
Free. Always.

Join thousands of founders, investors and executives
who read Business News Australia every morning.

Free Access

You're on a roll.
Keep reading — it's free.

Create a free account to keep reading
Business News Australia. No restrictions, ever.

of articles read

You've read articles.
The rest are free too.

Create a free account to keep reading
Business News Australia. No restrictions, ever.

Join Free

No paid subscriptions, just free. Unsubscribe anytime.

EOFY savings: Why efficiency is the new economy
Partner Content
As the end of financial year approaches, many businesses go looking for savings. But in...
Ventures & Visionaries
Advertisement

More News