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The Plaza shopping centre opened in 1986. It covers an area of 32,201 m², including 1,251 carparks and 103 shops. [4] The mall's anchor tenants are Kmart, Farmers, Countdown and JB Hi-Fi.
In July 2020, David Jones announced the sale of the iconic Melbourne Menswear, Home and Food building at 299 Bourke Street. All departments relocated into the refurbished main building at 310 Bourke Street in July 2022. The Food Hall closed permanently during April 2021 in the COVID-19 pandemic lockdown. A tailored selection of food has been ...
JB Hi-Fi was established in the Melbourne suburb of Keilor East by John Barbuto in 1974, selling music and specialist hi-fi equipment. [3] Barbuto sold the business in 1983 to Richard Bouris, David Rodd and Peter Caserta, who expanded JB Hi-Fi into a chain of ten stores in Melbourne and Sydney turning over $150 million by 2000, when they sold the majority of their holding to private equity.
Bourke Street runs roughly from east to west and bisects the city centre along its long axis. [3] Bourke Street runs parallel between Little Collins Street to the south and Little Bourke Street to the north. There are two primary stretches of Bourke Street, split by Southern Cross station: the historic city centre and the modern Docklands precinct.
During this development some stores closed down including JB Hi-Fi and Tandy Electronics, while others relocated including Best & Less to the old space vacated by JB-Hi-Fi. In July 2007 David Jones closed down after the 40-year lease of the store was up because the area did not fit their demographics, making the store unprofitable and therefore ...
With Sanity reduced to 21 per cent market share, against JB Hi-Fi's 50 per cent, the chief strategy seems to be targeted towards rationalisation and increased competition from the Melbourne-based retailer, by gradually closing down large footprint stores within capital city CBDs, inner suburbs and airports (where JB Hi-Fi have a greater hold ...
The Myer retail group was founded by Sidney Myer, who migrated from Belarus to Melbourne in 1899 after the height of Victoria's gold rush, with very little money and little knowledge of English to join his elder brother, Elcon Myer (1875–1938), who had left Russia two years earlier.
The centre, also known colloquially as "Chaddy", [5] includes anchor stores such as the Myer and David Jones department stores, H&M, Zara and Uniqlo (opened late 2016 as part of a renovation), Coles, Woolworths and Aldi supermarkets, as well as Kmart and Target discount department stores, JB Hi-Fi, and more than 500 specialty stores, of which ...