Cotton On plans to set up a superstore when its takes over the Carters site on March.TRENT HORNEMAN September 17, 2012 4:12am
Clothing chain Cotton On will spend close to $1
Charles L King Managing Director Gary Wood, who was in charge of the deal, said Cotton On would set up a superstore in the Carters building in late March next year.
Mr Wood said Cotton On had approached Carters’ owner John Carter, expressing interest in the prominent CBD shopfront.
‘‘They have invested heavily in Echuca-Moama because of all of the wonderful features we have to offer,’’ he said.
Carters will close its doors in late March, with a three-month refurbishment planned.
Mr Carter said it was a tough decision to close his business after 73 years in his family.
‘‘I am the fourth generation of my family to run the business. My children have worked in the shop during holidays, which makes them the fifth generation,’’ he said.
‘‘Less than one per cent of family-run businesses last five generations.’’
Mr Carter said he had planned to retire in about three years, but reconsidered when Cotton On approached him at the start of the year.
‘‘It took a long time to come to this decision. When I made my mind up I told my staff as soon as possible so that they could start planning their future,’’ he said.
Carters employs 28 staff, mostly permanent part-time.
Mr Wood said Cotton On would look to employ between 18 and 28 staff. Its existing store in Hare St will remain.
In a week where local businesses Country Class and Carters have announced they would close their doors, Mr Carter reflected on the changing face of retail.
He said while Echuca-Moama businesses had survived the drought and global financial crisis, online stores were a direct threat.
‘‘Tourism has been great for this region. It has offset the effects of the drought and the global financial crisis,’’ he said.
‘‘If customers start buying online, the region will never see that money again.’’
Mr Carter said he had received plenty of support from his customers, many of whom had shopped at the store their entire lives.
New fair in Mooroopna will show how to re-use and recycle.
Yarrawonga/Mulwala's largest ever professional golf event, the Shepparton BMW Senior Victorian Open, got underway today with 124 players hitting off from 8am to 1pm on Yarrawonga's Black Bull Golf Course at Silverwoods.
Tatura’s rainfall for the last three months of 2015, 116.6mm, was marginally down on the long-term average for the same period, 120.8mm.
MEDDLING mothers can cause plenty of grief when you’re young, especially when they get involved in your love life.
THE second annual Christmas town party in Lockington did not quite attract the crowd organisers were hoping for, but it failed to dampen their spirit.
Special supplement in this weeks edition
For Tocumwal’s Lynda Snowden, working the land hasn’t stopped her from falling in love with the majestic surrounds of her day to day life.
TOOLLEEN Recreation Reserve Committee of Management presented three awards on Australia Day in front of 80 local residents.
The NSW Government has recommended the Old Cobram Barooga Bridge be placed on the State Heritage register.
Deniliquin doctor Marion Magee says she is disgusted with the treatment of local nurses.
Federal Member for Murray Sharman Stone has been criticised by two Victorian MPs for suggesting the Federal Government should stop spending money on the $2 billion irrigation modernisation program until problems are sorted out.
The News magazines are online - read high quality magazines in your time. Check in regularly for the latest editions.
Riverine Herald's well regarded locally produced magazines. They're now online, so you can read them whenever and wherever you like.
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.