SENIOR Myer executives are expected to visit Bendigo this week for talks with the City of Greater Bendigo over the department store’s future presence in the city.
Myer management has stated the company plans to sell its Pall Mall store and would like to be part of a redeveloped supersite that could also include the four-and-a-half star hotel the council has long sought to have
established in the heart of the city.
A company spokesperson this week said the retailer would not be part of the speculation surrounding the future of the Bendigo store, and that it was “business as usual” for Myer, which has been a part of the Bendigo retailing landscape and CBD for almost 120 years.
The City of Greater Bendigo has previously said there was potential for the development model now operating with Myer in Hobart to be considered for Bendigo.
The Hobart store site was re-developed after a devastating fire in 2007, and then a flood in 2016, with Myer now a key tenant in a commercial complex that also features an upmarket hotel.
Myer is said to be keen to offload the remaining sites that it owns across Australia, with the Pall Mall section of the Bendigo store one of only a few sites still owned by the company. Myer has several leases over other areas of its Bendigo store.
Redevelopment plans for the city’s most prized retail precinct are at the centre of ongoing moves to rejuvenate the central business district.