Retail Apocalypse Has Arrived | It is why we built the Aussie Mega Mall | click to read/close
We just had to reproduce this article written by Nic White of the Daily Mail Australia, it captures why we felt the need to build the Aussie Mega Mall. To protect Australian retail businesses against these self-proclaimed emperors of the e-commerce world. No one store in Australia is big enough to take the big guys on but collectively we can.

Daily Mail Australia | 12 January 2020 | Nic White

Retail apocalypse now: Expert warns Bardot and Harris Scarfe are just the start of the downfall of big-name Aussie brands - and not even Coles and Woolies are safe from foreign giants

* Big Australian brands are dropping like flies and experts say worse is to come
* Sales are at their worst since the early 1990s recession, recent figures show
* Dick Smith thinks Amazon and Aldi will kill off almost all Australian retailers
* Even Coles, Woolworths, Myer, David Jones, are not safe from a slow death
* Overseas competitors are too smart and ruthless for longstanding Aussie shops
Australia is headed for a retail apocalypse at the hands of ruthless invaders like Amazon and Aldi and there is nothing to stop them, an expert claims.

Household names like Harris Scarfe, Bardot, Roger David, and Napoleon Perdis dropped like flies in the past year with dozens of stores closing and heavy job losses.

They could be just the tip of the iceberg with Australian retail growth at its worst level since the early 1990s recession.

Famed entrepreneur Dick Smith believes the outlook is so dire that high-profile collapses will accelerate until there are very few Australian companies left

‘We will end up with just Amazon and Aldi and basically all the Aussie companies will be sent to bankruptcy,’ he told Daily Mail Australia.

‘All those famous brands will go. Some of them might exist in name only but will be taken over by overseas companies.’

Mr Smith watched the electronics chain that bore his name crash in 2016, decades after he sold it in 1980. The collapse was one of Australia’s biggest retail failures.

Harris Scarfe, founded in 1849, also took consumers by surprise when it entered administration last month and is now about to close at least 21 stores.

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The biggest retail collapses of the past 3 years

What you will find below is a collection of many of the most prominent Australian retail failures. By no means is it an exhaustive list; thousands of independent retailers have also collapsed over this time period, and there’s no mention of them here.

2020 Retail Apocalypse
Bardot Fashion, 58 stores
EB Games, 19 stores
McWilliams Wines Group

2019 Troubled Times
Napoleon Perdis, 56 stores
Ed Harry, 87 stores
Build-A-Bear, 30 stores
Focus Group, 38 stores
Ziera, 23 stores
Karen Millen, 7 stores
Red Rooster, 7 stores
Dimmeys, 30 stores
Co-op, 34 stores
Bardot, 72 stores
Critini’s Pizza, 13 stores
Harris Scarfe, 66 stores

2018 A Bloodbath
NQR discount, 18 stores
Maggie T, 28 stores
John’s Nuts, 5 stores
Outdoor Furniture, 27 stores
Zachary, 5 stores
Aussie Farmers Direct, 100 franchisees
Doughnut Time, 23 stores
Baby Bounce, 12 stores
Jamie Oliver’s, 6 locations
Red Lea Chickens, 22 stores
Toys ‘R’ Us, 44 stores
Esprit, 29 stores
Oliver Brown, 50 stores
Metalicus, 12 stores
Allans Billy Hyde, 2 stores
Watch Works, 114 stores
Tasman Butchers, 17 stores
Max Brenner, 37 stores
Roger David, 57 stores
About Life, 8 stores
Laura Ashley, 18 stores
Kambo’s, 7 stores

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