By Craig Zammit

SYDNEY: Myer has announced plans to open up four new distribution and logistics centres across New South Wales, Victoria, Western Australia and Queensland, with the first to open situated in Altona North at the old Coles Myer distribution centre.

Myer has taken out a new 12-year lease on the Altona North centre in Melbourne, which was previously leased to Coles Myer until 2009, as part of a major rollout of its reconfigured logistics operations. The yearly rent is reported to sit at $1.5 million or $125,000 per month, according to the Australian Financial Review.

“We are establishing a new supply chain network throughout Australia and the Altona North distribution centre is one of the four key facilities and will supply the southern states of Victoria, South Australia and Tasmania,” said Myer chief executive Bernie Brookes.

“This is a significant step for Myer that will allow the company to operate a supply chain independently of [our] former parent company, Coles Group.”

A new facility to be located in Sydney’s West, which will serve all Myer stores in New South Wales, will be the largest of the four distribution centres which will all be finalised before March, when the Brisbane location is finalised.