Retailer goes bust

A QUEENSLAND-based organic retailer has gone into liquidation, owing $2.8 million to more than 200 creditors.

Wray Organic Pty Ltd, which operates stores under the Wray Organic banner in Toowoomba, Ipswich, and Newmarket, was established by owner Deborah Wray and her partner Gary Davis on the Gold Coast in 2005.

The three stores will close if they cannot be sold “as a going concern”.

Liquidator Ben Ismay from insolvency firm Shaw Gidley, said the six other independent Wray Organic franchises around Queensland would be unaffected by the liquidation.