Saturday 31 January 2009

Region. Retail store closures likely

Small Joyce Mayne and Domayne outlets close to Harvey Norman stores may be closed, with Domayne stores in Castle Hill and Penrith potential causalities, according to The Daily Telegraph. Unable to divulge the exact stores marked for closure, Gerry Harvey, executive chairman, of Harvey Norman, hinted close proximity would be a key. The Domayne outlet in Campbelltown has closed already. The company reported a 3.5 per cent rise in sales to the six months to December 31.

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