Megamart
Australian furniture and electrical goods chain
title: "Megamart" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["defunct-retail-companies-of-australia", "australian-companies-established-in-1998", "retail-companies-established-in-1998", "australian-companies-disestablished-in-2005", "retail-companies-disestablished-in-2005", "companies-based-in-queensland"] description: "Australian furniture and electrical goods chain" topic_path: "geography/australia" source: "https://en.wikipedia.org/wiki/Megamart" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0
::summary Australian furniture and electrical goods chain ::
::data[format=table title="Infobox company"]
| Field | Value |
|---|---|
| logo | Megamart logo.png |
| logo_caption | Megamart logo |
| type | Subsidiary |
| industry | Retail |
| founded | |
| num_locations | 4 stores |
| num_locations_year | 2026 |
| parent | Harvey Norman |
| :: |
| logo = Megamart logo.png | logo_caption = Megamart logo | type = Subsidiary | industry = Retail | founded = | num_locations = 4 stores | num_locations_year = 2026 | parent = Harvey Norman Megamart is an Australian chain of stores owned by Harvey Norman that sells electrical goods and furniture. It was a sub-store of department store chain Myer, so it was also known as Megamart Your Mega Electrical & Furniture Store by Myer. Some Megamarts were bigger than smaller Myer stores.
History
In September 1998, Coles Myer open the first Megamart store in Coorparoo, Queensland. By April 2001, there were three stores. At its peak in 2005, the chain had nine stores – four in Victoria, three in New South Wales, one in Queensland and one in Western Australia.
In November 2005, Coles Myer announced it would shut down the Megamart business due to poor performance. According to business reporter Stephen McMahon, the reason Megamart closed was that "Its small footprint meant it struggled to compete with rivals such as Harvey Norman and Dick Smith - while cannibalising Myer's own sales."
All nine Megamart stores stopped trading on 13 November 2005. Six stores were bought out by Harvey Norman while the remaining three were bought by Clive Peeters (which was soon purchased by Harvey Norman itself). As of 2026 only 4 stores exist located in Chadstone. Narre Warren. Sunshine and Thomastown all in Victoria. It is also known as Megamart Your Mega Electrical & Furniture Store by Harvey Norman
References
References
- Evans, Simon. (2005-08-22). "Super A-Mart joins list of suitors for Megamart".
- Evans, Simon. (2001-04-04). "Megamart goes it alone".
- McMahon. (10 November 2005). "Coles Myer kills off Megamart". The Sydney Morning Herald.
- (9 November 2005). "Harvey Norman buys Megamart". The Sydney Morning Herald.
::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::