While some country shoppers are lamenting the potential closure of more Mosaic Brand stores, one expert believes most people will barely notice their absence.
At 70, the Central Victorian resident is something of a regular at the town's Rivers outlet, and would hate to see the store close.
The company's most recent annual report revealed plans to shut down underperforming stores, replacing them with mega stores "in regional Australia in particular".Retail analyst Geoff Dart believes the future for stores like Rivers looks bleak.The Murray River town of Echuca, for example, has one Mosaic brand store for every 5,000 residents.RMIT University fashion industries expert Carol Tan said Mosaics' brands had failed due to an "inability to change".
Rivers Millers Voluntary Administration Regional Australia Regional Victoria Christmas Insolvent Noni B Katies Geoff Dart Retail Analyst RMIT University Carol Tan Christmas Holiday Trading Store Closed Regional Customers
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