DFO, Homemaker Hub in receivership

DFO, Homemaker Hub in receivership

The future of Direct Factory Outlets Canberra and Homemaker Hub is in doubt after it was placed into receivership this week.

Receivers McGrathNicol said trading would continue while it found a buyer for the store. No other DFO stores had been affected.

Partner at McGrathNicol, Shane O'Keeffe, said the Canberra business was a good asset.

''I would like to assure tenants, customers and centre management employees that our appointment allows the DFO Canberra and Homemaker Hub complex to continue to operate while a full and thorough assessment of DFO Canberra is completed and while we run an orderly sale campaign,'' Mr O'Keeffe said.

The appointment was made by DFO Canberra's secured creditor on Wednesday.

Mr O'Keeffe said DFO had good retailers and was well supported by Canberrans and expected the complex to be sold quickly.