{"id":2517949,"date":"2023-03-16T06:39:35","date_gmt":"2023-03-16T06:39:35","guid":{"rendered":"https:\/\/platoai.gbaglobal.org\/platowire\/myers-brisbane-cbd-store-lease-not-renewed-future-uncertain\/"},"modified":"2023-03-19T13:49:09","modified_gmt":"2023-03-19T17:49:09","slug":"myers-brisbane-cbd-store-lease-not-renewed-future-uncertain","status":"publish","type":"platowire","link":"https:\/\/platoai.gbaglobal.org\/platowire\/myers-brisbane-cbd-store-lease-not-renewed-future-uncertain\/","title":{"rendered":"Myer’s Brisbane CBD Store Lease Not Renewed, Future Uncertain"},"content":{"rendered":"

It was recently announced that the lease for Myer\u2019s Brisbane CBD store will not be renewed, leaving the future of the store uncertain. This news has caused concern for many shoppers and employees alike, as the store has been a staple of the Brisbane CBD for many years. <\/p>\n

Myer has been operating in the Brisbane CBD since the late 1980s, and has been a popular destination for shoppers looking for fashion, beauty, and homewares. The store has also provided employment opportunities for hundreds of people in the local area. With the lease not being renewed, it is unclear what will happen to the store and its employees. <\/p>\n

The decision to not renew the lease was made by the building\u2019s owner, who cited increased competition in the area as one of the reasons for their decision. This is likely due to the increasing number of online retailers, which have made it more difficult for traditional brick-and-mortar stores to compete. <\/p>\n

Myer has yet to make an official statement on the matter, but they have indicated that they are exploring their options in order to remain in the Brisbane CBD. This could include relocating to another location within the city, or even downsizing their current store. <\/p>\n

At this stage, it is unclear what will happen to Myer\u2019s Brisbane CBD store. However, it is clear that this news has caused concern for many shoppers and employees alike. It remains to be seen whether Myer will be able to find a new home in the Brisbane CBD, or if they will have to relocate elsewhere.<\/p>\n