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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.
On 13 March 2006, Coles Myer announced it would sell Myer to a consortium controlled by US private equity group Newbridge Capital. The consortium also included the Myer family, who held a 5% stake. The sale was completed for A$1.4 bn on 2 June 2006. [15] Coles Myer changed its name to "Coles Group Limited" in November 2006. [16]
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Majors include Myer, David Jones, Target, Kmart, Coles, Woolworths, Aldi, Rebel, JB Hi-Fi, H&M, Uniqlo, Sephora, Cotton On Mega and Daiso. Indooroopilly Shopping Centre has a 16 screen Event cinemas and large food court at the southern end of the 3rd level, which includes a McDonald's and a KFC .
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