Malz Goes into Receivership

[beatle]

http://au.news.yahoo.com/thewest/business/a/21295279/receivers-seek-buyer-for-malz/

Time to cash in those gift vouchers!

[Sciflyer]

Pity, i always found them to be better than Supercrap

If not on price then definately on range

[random?]

They were in the middle of opening a brand new store in Malaga.

[180SXTCY]

I used to work for Malz when I was studying. They always had a good range of general servicing parts but it was nothing like the old Marlows was before supershit bought them out (same owners afaik)

[Charger]

Marlows used to be awesome, I didn't find Supercheap or MALZ quite the same

[newbie101]

didnt the bloke that owned marlows have to sell up when he got caught schtuppting the staff and his wife took him to the cleaners?

Wonder it its happened again?

[TJ]

Cash flow is king

Order mega loads of stock

Sits around

Trouble.

Always going to get undercut by the Big 3 - Supercheap, Repco, Autopro

[beatle]

I use them for most of my stuff when I plan ahead, they usualy have what I need when I go in.
When I need something ASAP, I have to go to at least 2 or 3 of the local stores (Armadale auto parts, Repco, Auto1, Autopro, Cov's & Veale's) Such a pain in the arse.

[Lmx]

Previous company I worked at used to be a supplier to them, were horrible payers and very similiar to the ways strathfield used to play the game. I.e order as much as they can til they get on credit hold, and move to another supplier temporarily that they don't have a debt with, try and sell there stuff to pay another ones debt etc etc.

[Stealthed]

I always thought the guy that owned Malz, was the guy that started supercheap and was banned from re-creating a store that sells similar products for some time.. then Malz came along..

Or was I being told bullshit from the get go? haha

[TJ]

No, he owned Marlows.

When SC bought out Marlows, they didnt include a non competition clause - so they launched Malz literally immediately after.

[Sebdullah]

I always thought the guy that owned Malz, was the guy that started supercheap and was banned from re-creating a store that sells similar products for some time.. then Malz came along..

Or was I being told bullshit from the get go? haha

no, Owner of Marlows started Malz, when he sold to Supercheap there was a clause that he wasnt allowed to open another auto parts business (possibly for 1 year), this was the main drive of Malz being "an automotive & lifestyle" shop

was working for marlows at the time of sale

[kyle_340]

just went to malz in balcatta to use a gift card and the "power was out", so couldnt use them.

wonder if the power was actually out or they just dont want people cashing in?

[Cochee]

just went to malz in balcatta to use a gift card and the "power was out", so couldnt use them.

wonder if the power was actually out or they just dont want people cashing in?

I've been there a few times and the power has been out. So possibly a real thing.

[Stealthed]

No, he owned Marlows.

When SC bought out Marlows, they didnt include a non competition clause - so they launched Malz literally immediately after.


no, Owner of Marlows started Malz, when he sold to Supercheap there was a clause that he wasnt allowed to open another auto parts business (possibly for 1 year), this was the main drive of Malz being "an automotive & lifestyle" shop

was working for marlows at the time of sale

I see, I think I understand the jist of it. Haha

Either way, I never shopped there so no big loss to me.

[dattoman]

They were in the middle of opening a brand new store in Malaga.

They have been in the middle of opening that store for 14 mths
Have been paying rent but never stocked the building
Another in Joondalup that never got stocked too

I need some stuff before they close... best go look Sat morn

[uzx83]

just went to malz in balcatta to use a gift card and the "power was out", so couldnt use them.

wonder if the power was actually out or they just dont want people cashing in?

couldnt pay power bill

[dmwill]

Heh, I am still amazed at the shit they sell. Where else can you walk in on a Sunday afternoon and get a new door handle/mirror/etc for your XF Falcon?

[TJ]

I doubt they will close - business is actually profitable if someone takes the 30% of waste out.

[GTREA]

I'm surprised this never happen sooner.

The store at Jandakot is always dead.

I think Anthony Scali used to work for Marlows balcatta back in the day.

[masTers]

I see Malz have a massive whole page ad on the back of todays west.

[mr_mike]

Previous company I worked at used to be a supplier to them, were horrible payers and very similiar to the ways strathfield used to play the game. I.e order as much as they can til they get on credit hold, and move to another supplier temporarily that they don't have a debt with, try and sell there stuff to pay another ones debt etc etc.

We were supplying them and they were terrible. Last few months they have been on COD cos their payments were that bad

[Mr Scorpio]

Heh, I am still amazed at the shit they sell. Where else can you walk in on a Sunday afternoon and get a new door handle/mirror/etc for your XF Falcon?

This was probably half the problem, open on Sunday afternoons trying to sell shit that hardly anybody wants.

[matty12]

Never really shopped there as I want trade discount but new that had unusual stuff that repco/supercheap never stock. Needed a metal bender for some panel work, rang them, had stock and purchased on a sunday, chicken dinner

[dmwill]

This was probably half the problem, open on Sunday afternoons trying to sell shit that hardly anybody wants.

Added to the bicycles, tents, log splitters, etc.

Bit like Borders, the book shop trying to sell BBQs and outdoor furniture.

[Macca]

would not be suprised if Autobarn/Autopro buy them out and turn into autopro

[Lump]

just went to malz in balcatta to use a gift card and the "power was out", so couldnt use them.

wonder if the power was actually out or they just dont want people cashing in?
wtf!
the place is full of gensets & the pingpingpingpings cant fire one up lol

[Lmx]

would not be suprised if Autobarn/Autopro buy them out and turn into autopro
They did, good guess.

[Macca]

They did, good guess.

yes lets call it a guess :)

[R3N]

Malz are having a stock clearance at the moment, min 30% off storewide until tomorrow.

Good chance to pick up tools, oil and Waeco fridges which rarely go on sale.