Myer, Kathmandu and Rip Curl shut up shop

- March 28, 2020 < 1 MIN READ

Several of Australia’s most popular retail chains have made the decision to close their doors while the nation rides out the coronavirus crisis.

Myer has announced its department stores will be closed until April 27. Although they may shut for longer depending on the status of the pandemic. While Kathmandu ceased trading on Friday, also pulling the plug on its Rip Curl stores. The announcement follows the closure of Premier Investments retail outlets, which include smiggle, Peter Alexander and fashion outlets, Just Jeans and Portmans, which closed for business on Thursday night.

Myer has announced the brand will continue to operate its online store and a small group of “business-critical” roles will be maintained but the majority of the brands 10,000 employees will be stood down.

In a statement chief executive officer, John King said the brand will “focus on ensuring it offers the best possible online experience for our customers”, “whilst being ready to restart the business in four weeks”.

Kathmandu shut all its retail stores plus its surfwear chain Rip Curl last night. The retailer operates 165 stores across Australian and New Zealand. The brands New Zealand stores were closed last week. The majority of the brand’s 1300 staff will be stood down without pay for four weeks.

Kathmandu will continue to operate its online store and essential staff will remain at work in the head office or remotely.

Want more? Get the latest coronavirus news and updates straight to your inbox! Follow Kochie’s Business Builders on FacebookTwitter, Instagram, and LinkedIn.

Now read this

Coronavirus update: a battle on two fronts we need to protect lives and livelihoods

Coronavirus update: energy, rent & mortgage relief as government pushes towards economic hibernation

Popular in the network