27 April 2021
The Weekly
Australia

Myer has announced that it will be exiting its store located at Westfield Knox in Victoria. This will end a 44-year store history of trading at Knox, 25 kilometres east of Melbourne’s CBD. Since the Customer First Plan was launched, Myer has made solid progress in rationalising its property portfolio with the closure of Logan in January 2019 and Hornsby in January 2020. In addition, space reductions have been undertaken at Belconnen, Cairns, Emporium and Morley, with works currently underway at Highpoint, which are scheduled to be completed in June 2021. The Knox store is anticipated to cease trading at the end of July 2021, bringing the total Myer portfolio to less than 60 stores.

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