Science and retail brand Australian Geographic Retail (AGR) has started to close its 67 outlets.
AGR owner Myer Family Investments (MFI) intends to close operations of the loss-making brand.
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The brand will completely close down all its outlets in early next year.
MFI acquired the chain in 2007; but the brand slipped into losses as a result of growing competition from retailers such as Kmart.
However, this move will not affect the Australian Geographic magazine, which operates as a separate entity from the retail brand.
The stores sell items such as science equipment, telescopes and toys.
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By GlobalDataMyer Family Investments manages several investments across different segments, and operates Myer department stores separately as a public company.
