Three Harvey Norman stores have been placed in the hands of administrators, two of them wholly-owned subsidiaries in Western Australia.
Chartered accountant and liquidator David Levi has been appointed to act as administrator of the O'Connor and Mandurah stores, and one in Bendigo, Victoria.
Mr Levi was being sought for comment.
Harvey Norman closed four Clive Peeters and three Rick Hart outlets in the September quarter when sales fell due to the strength of the Australian dollar, price deflation and intense competition.
Shares in Harvey Norman closed steady at $2.04.
