NQR CEO explains what went wrong
September 7, 2009

The new Chief Executive of Not Quite Right (NQR), a Victorian supermarket clearance outlet that entered voluntary administration in May, has outlined what went wrong for the company in a television interview on the weekend. Graham Holman explained on ABC’s Inside Business program that the 22 year-old business suffered from a re-positioning that saw them attempt to take on the supermarkets. The move was made in the wake of a change of ownership three years ago. “To see it built up over... ...Read more »

Victorian supermarket chain rescued from administration
July 3, 2009

Supermarket clearance outlet NQR is set to be taken out of the hands of administrators after a suitable buyer was found for the business. The Not Quite Right chain was established two decades ago to assist manufacturers in selling excess stock, discontinued lines and cancelled supermarket orders. Operating only in the state of Victoria, the business had grown to 26 stores with around 400 employees before calling in administrators Ferrier Hodgson in May. Former owner of NQR Ken Nienaber, his wife... ...Read more »

Victorian supermarket chain enters voluntary administration
May 26, 2009

Supermarket clearance outlet NQR has called in administrators after 22 years of business in Victoria. Privately-owned Not Quite Retail opened two decades ago to help retailers sell excess stock, discontinued lines and cancelled supermarket orders. The company, which operates in all food categories commonly seen at the supermarket, currently runs 26 stores - all in Victoria.It is another example of the pressure on smaller food retailers and follows the recent takeover of Macro Wholefoods by Woolworths.... ...Read more »