Megamart

to get instant updates about 'Megamart' on your MyPage. Meet other similar minded people. Its Free!

X 

All Updates


Description:
Megamart was an Australian chain of stores owned by Coles Group (then Coles Myer) which sold electrical and furniture items. It was a sub-store of department store chain Myer, so it was also known as Myer Megamart or Megamart by Myer. Some Megamarts were bigger than whole Myer stores alone.

According to Business reporter Stephen McMahon, the reason Megamart closed was that its "...small footprint meant it struggled to compete with rivals such as Harvey Norman and Dick Smith - while cannibalising Myer's own sales."

History

  • 1998: Myer open the first Megamart store in Coorparoo, Queensland.
  • 2001: Myer announces plans to expand the Megamart chain of furniture and electrical stores.
  • 2005: Coles Myer announces plans to "divest" Megamart due to poor performance. All stores stopped trading on 13 November. Out of the nine stores, six were bought out by Harvey Norman while the remaining three were bought by Clive Peeters.


External links

  • Harvey Norman buys Megamart]



Read More

No feeds found

All
Posting your question. Please wait!...


No updates available.
No messages found
Suggested Pages
Tell your friends >
about this page
 Create a new Page
for companies, colleges, celebrities or anything you like.Get updates on MyPage.
Create a new Page
 Find your friends
  Find friends on MyPage from