Myer’s Brisbane CBD Store Lease Refusal Raises Questions About Its Future
Myer, one of Australia's largest department stores, recently refused to renew its lease in Brisbane's Central Business District (CBD). This has raised questions about the future of the iconic retailer and its presence in the area. The decision to not renew the lease was made by Myer's parent company, Premier Investments, which cited the store's declining sales as the reason for the refusal. The store had been operating in the CBD for more than 20 years, but had seen a steady decline in sales over the past decade. The decision