The Coronavirus has had a huge affect on local Australian businesses with many shutting shop while the epidemic takes hold. Those that want to stay open are realising that it is a fruitless exercise since most stores around them are closed and the foot traffic to run a business is just not there anymore, especially in the big shopping complexes.
The latest stores to close there bricks and mortar stores include RM Williams, Cotton On, and Peter Alexander.
RM Williams has said that they have been through a lot of turmoil through their decades in business however nothing has had such a profound effect on their business that the Coronavirus.
Most stores have temporarily shut down however others have simply gone out of business expecting that they would not be able to weather the storm of the epidemic that may continue for months. This has left most shopping strips a ghost town.
Country Road Group is another big group that have announced temporary closures. This includes all their brands including Country Road, MIMCO, Witchery and Politix.
Country Road and Cotton On will now focus on their internet sales to ensure they continue to generate an income. Use a Cotton On promo code to save on your purchase.