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The Pub For General Automotive Related Talk |
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#1 | |||
FG XR6 Ute & Sedan
![]() Join Date: Oct 2006
Location: Bibra Lake WA
Posts: 22,928
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http://au.news.yahoo.com/thewest/a/21295279//
Quote:
Sad; one of my favourite tool and parts store.
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#2 | ||
Pity the fool
Join Date: Jan 2007
Location: Wait Awhile
Posts: 8,997
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Ah I was wondering WTF was going on! Their webpage has been down for ages.
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Fords I own or have owned: 1970 XW Falcon GT replica ![]() Proud to buy Australian and support Ford Australia through thick and thin |
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#3 | ||
Pity the fool
Join Date: Jan 2007
Location: Wait Awhile
Posts: 8,997
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To be honest I've wondered for a long time why they didnt expand out from the 3 stores they started with, they opened another at Cockburn and that was it, Marlows had shops all over Perth and the South West by comparison, in 10 years Malz opened only 1 new shop
Now we see that they've had cashflow problems, I'd say for a while which has hindered their growth. I often wondered how profitable it was delving back into that DIY mechanic offering that Marlows used to have, trouble is Marlows was from a different era when a lot more people used to work on their own cars, nowadays automotive consumption has moved ahead with consumerism generally and people generally don't **** around with their cars like they used to unless it is "accessory" type stuff, items which existing chains like Repco, Supercheap and the others offer as well - at quite cut throat prices. Same deal with the camping and 4x4 stuff, they were competing against other well established chains that offered similar things, trouble is when you went to Malz looking for the goodies in their catalogues they either didnt have any or the shelves were half empty ![]()
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Fords I own or have owned: 1970 XW Falcon GT replica ![]() Proud to buy Australian and support Ford Australia through thick and thin |
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#4 | |||
I am Groot
![]() Join Date: Dec 2007
Location: Burnett Heads, Qld
Posts: 6,840
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.. ![]() ![]() ![]() ![]() "Those were the days when the cars were cars, they weren't built out of an Ikea pack like they are now and clothed in plastic; they were real cars." John Bowe |
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#5 | ||
FG XR6 Ute & Sedan
![]() Join Date: Oct 2006
Location: Bibra Lake WA
Posts: 22,928
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I suspect it a legacy of past history - Ray Della-Polina having to sell Marlows - Rocca Bros to Super cheap for $25M to make a divorce settlement and then getting involved in expensive legal disputes with Super Cheap (never got to court as far as I know but I wonder if he ever collected all his sharef of the 25M).
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#6 | ||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Perth
Posts: 936
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Was wondering why theyve been paying a lease on an empty store for the last year at Malaga. Seems they were trying to raise the capital without sucess.
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#7 | ||
Pity the fool
Join Date: Jan 2007
Location: Wait Awhile
Posts: 8,997
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Anyone know whats happening with them now? Could be some stock clearances soon
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Fords I own or have owned: 1970 XW Falcon GT replica ![]() Proud to buy Australian and support Ford Australia through thick and thin |
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#8 | |||
FG XR6 Ute & Sedan
![]() Join Date: Oct 2006
Location: Bibra Lake WA
Posts: 22,928
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Quote:
![]() Hopefully for the sake of their always friendly and helpful staff the be sold as a going concerns and thing will continue on without too many hiccups.
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#9 | ||
T3/Sprint8
![]() Join Date: Jan 2005
Location: Australia
Posts: 16,334
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My sources advise Metcash have bought it - US company who own IGA - bought into Autobarn/Autopro groups year before last. Also bought a large aussie made distribution brake and clutch company called ATAP that turned into one of the largest National hard parts distributers, they keep aquiring to compete against Repco Supercheap.
Ray should have retired long ago and gone fishing, sorry he's had to go through another big turmoil in his business life.
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Tickfords T3/TS50 '02 Sprint8 manual Sept 24 '16 Daily Macan GTS "Don't believe everything you read on the internet. Abraham Lincoln" |
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#10 | |||
FG XR6 Ute & Sedan
![]() Join Date: Oct 2006
Location: Bibra Lake WA
Posts: 22,928
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Quote:
When I last spoke to him several years ago that was his intention - less work more travel with the new missus etc.
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#11 | |||
not here much anymore
Join Date: Dec 2004
Location: Sthn NSW
Posts: 22,918
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Quote:
ATAP is a handy resource but their freight costs are #$&$%*$*, same sort of story as what National Parts was as you would be aware Maurie.
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2024 F150 XLT
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#12 | ||
T3/Sprint8
![]() Join Date: Jan 2005
Location: Australia
Posts: 16,334
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Thats it aussiblu - some silly bug gas just don't know when to pick up stumps accept its over, tuff lesson to learn.
Aust - you know I know, and whats funny having known ex atap owners very well was that NP was the big lesson for all in the industry yet they turned into one themselves LOL......at least they got the $$$$ and ran ! good luck to them.
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Tickfords T3/TS50 '02 Sprint8 manual Sept 24 '16 Daily Macan GTS "Don't believe everything you read on the internet. Abraham Lincoln" |
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#13 | ||
FG XR6 Ute & Sedan
![]() Join Date: Oct 2006
Location: Bibra Lake WA
Posts: 22,928
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Today's paper confirms the Metcash purchase and that for the time being the hope to retain the existing stores and staff with longer term intentions of selling them off as franchises.
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#14 | |||
FF.Com.Au Hardcore
Join Date: Jun 2008
Location: Perth, Western Australia
Posts: 2,009
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Quote:
Just got back from Malz Cannington. Bought a new 18 ton hydraulic shop press for $210. This one also has a gauge to show the pressure (that makes it more expensive). It's been three months since Malz went bust, and now they are getting serious about dumping off old Malz stock. I also bought a $140 creeper for $35 (ie it also folds up into a seat). For anyone in Perth: it's worth going for a look. They're saying 40% off for the ex-Malz stuff, but feel free to haggle beyond that.
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#15 | |||
not here much anymore
Join Date: Dec 2004
Location: Sthn NSW
Posts: 22,918
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Quote:
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