Online marketplace Click Frenzy and media outlet Power Retail, both subsidiaries under a single group, have collapsed.
Click Frenzy sold a range of retail goods, including apparel, footwear and accessories, among other categories such as home, technology and travel. The online marketplace and Power Retail are housed under Global Marketplace.
Andrew McCabe and Chris Johnson of Wexted Advisors were appointed as receivers and managers of both companies on March 30, 2026, following the appointment of Adam Cormack and Frank Lo Pilato of RSM Australia as liquidators.
Both entities had a combined estimated annual revenue of approximately $7 million.
According to Wexted Advisory, the appointment follows the recent online travel event, where revenue has been negatively impacted by the US-Iran war, contributing to the cashflow challenges. The firm added this does not affect consumers who may have made bookings during the event, as any bookings are made directly with the travel service provider, not Click Frenzy.
The receivers are continuing to operate the businesses while an urgent sale campaign is undertaken.
“Our immediate focus is stabilising operations while we assess the financial position of the companies,” McCabe from Wexted Advisors said. “We understand the director has already commenced the sale process and encourage any interested party in Click Frenzy or Power Retail to contact Wexted Advisors to access the data room and discuss the opportunity to acquire the businesses and their assets.”
Non‑binding indicative offers are due by April 10, 2026.
A sale advert from Wexted added that Click Frenzy had an average revenue of around $5 million per year, with Power Retail raking in just $1.5 million over the past four years.
Click Frenzy has a consumer database of 1.5 million members.