Companies that use harsh service level agreements to bully their outsourcing supplier could be missing out on a "trust dividend" worth up to 40 percent of the total contract value.
E-store has temporarily ceased trading on the advice of its administrator, which yesterday revealed the company may have been trading while insolvent and is likely to enter liquidation tomorrow.
E-Store's hopes of surviving its administration period and trading its way out of debt appear to have been in vain following revelations by the company's controllers and the NSW Department of Fair Trading.
E-Store has been acquired with an agreement signed this afternoon, the troubled e-tailer has confirmed.
Administrators of the troubled Aussie etailer E-Store have revealed the company's debt to a pool of 80-odd creditors amounts to about AU$2 million.
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