Another big store to close

Myer to exit Brookside site.

As part of its ‘New Myer Strategy’ Myer is closing its store at Brookside in Queensland. The company said in a statement that the decision not to renew the lease at the Brookside store was consistent with the productivity objectives of the strategy.

According to Myer CEO and managing director, Richard Umbers, the New Myer strategy has been designed to deliver a sharper and more focused offer, and improve productivity across the Myer business.

New Myer strategy

 

“In addition to rolling out wanted brands across more than 300 in-store destinations and new customer service initiatives, we are also shaping our store footprint to improve productivity and align our network with our primary customer groups,” he added.

The Brookside store is expected to cease trading at the end of January 2017. “While the lease is due to expire in September this year, we will continue to trade through the Christmas and Stocktake period to minimise the disruption to team members and customers,” Umbers said. “We will support each impacted team member through a period of consultation to determine what opportunities may be available for ongoing employment.”

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