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In 2017, Myer announced it would cut 20% of its overall footprint, via a reduction in floor space of its Myer stores, office and close other Myer stores. Since the announcement, Myer has closed its stores in Wollongong Central (Replaced by David Jones ), Brookside Shopping Centre (Replaced by Target and TK Maxx ), and Orange , which was one of ...
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In 1982 there were plans to open a Grace Bros. in Strathpine, Queensland but due to the take over of Myer NSW by Grace Bros. Holdings the store opened at the Strathpine Centre as a Myer in 1983 and remained opened until 2007. Myer Wollongong (Wollongong Central) closed on 3 October 2016. Myer Orange closed on 29 January 2017, after 167 years of ...
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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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