Discount supermarket chain NQR Grocery Clearance Stores has gone into voluntary administration but its 18 Victorian outlets will stay open.

Administrators from restructuring and insolvency firm Cor Cordis were appointed on Thursday and said stores would continue to trade while they investigated ‘the true financial position of the company’.

‘It is too early to say exactly what the position is in regard to debt, or to speculate as to the cause of the company’s financial difficulties,’ Cor Cordis Managing Partner Bruno Secatore said in a statement.