Following news that Real Groovy Christchurch wouldn't be reopening after the latest earthquake come the sad news that Real Groovy Wellington will be closing down May 31 (see stuff.co.nz).
Owner Mark Thomas says its due to a decline in business caused by the economic recession, rising fuel prices, big chain retailers able to sell at cut prices, file sharing, and competition from online retailers and auctions sites.
"This has been an incredibly stressful and sad time for my family and myself, but it needs to be done," he said. 12 Staff will lose their jobs. although he hopes to open a smaller store and employ some of them there.
The Real Groovy stores in Christchurch and Welllingon were independently owned, following the collapse of the Real Groovy chain in 2008 when the stores were placed in recievership.
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