Following the announcement, The Warehouse Group agreed to take over the leases of the Good Guys stores and re-employ most of their local staff. This was a direct replacement of the old "extended warranties" system that the stores had in place.
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Each store generally supports more than one organisation and features a token box, where customers are encouraged to vote for their preferred charity by placing a token given with their receipt in a corresponding slot. The organisation of the company, with stores being held in joint ownership, added complexity to negotiations with potential buyers. This was a direct replacement of the old "extended warranties" system that the stores had in place. It has also been reported that both Wesfarmers and the US based Blackstone Group had expressed interest in purchasing the chain. The Good Guys stores are generally large warehouse type stores and rely on volume in sales.
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