.....what happens to all the stock?
They were selling Woolies sweets in Home Bargains a while back.
If an outstanding debt to the supplier, they generally take it back and sell it on (or appoint someone else to do so for them) to cover some of the debt. Then dependent upon what is still outstanding, they file the court papers to try and recover what else they can.
If, there is no outstnading debt to the supplier, then the shop owners will do what they can to raise revenue from that product to clear the other debts they invariably owe.
Thanks, probably back to supplier then.
back to supplier if Official Receiver agrees they can be clearly traced to an unpaid invoice thru' batch numbers etc - so a lot of stock on display will go to auction - Receiver is supposed to cooperate give access etc but in reality it means people hours photographing boxe/pack labels CEN codes or whatever