Myer shuts down site

Myer has announced it will be exiting its store located at Brookside in Queensland.

Myer CEO Richard Umbers said it is part of a broader strategy to improve productivity across the business.

"In addition to rolling out wanted brands across more than 300 in-store destinations and new customer service initiatives, we are also shaping our store footprint to improve productivity and align our network with our primary customer groups."

Umbers said the decision not to renew the lease at the Brookside store was consistent with the productivity step-change objectives of the New Myer strategy.

"While the lease is due to expire in September this year, we will continue to trade through the Christmas and Stocktake period to minimise the disruption to team members and customers.

"We will support each impacted team member through a period of consultation to determine what opportunities may be available for ongoing employment."

It is understood around 100 workers will be affected by the closure.

The Brookside store is expected to cease trading at the end of January 2017.