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The Daily Verified Briefing

Markets

Betts to close 20 stores under voluntary administration

Published 2 July 2026

One of Australia's oldest shoe retailers, Betts, will close more than half of its remaining stores as it restructures under voluntary administration. The 134-year-old family-owned business announced on Thursday, July 2, 2026, that it will shutter 20 of its 35 brick-and-mortar outlets across the country, pivoting to a m...

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