Our IGA is safe

Port Douglas & Mossman Gazette - - BUSINESS -

PORT DOU­GLAS’S IGA is safe from the fir­ing line af­ter the im­me­di­ate clo­sure of five Cor­nett’s stores was an­nounced early last week.

Three Wal­ters IGA will also close and a fur­ther 18 out­lets will be sold af­ter par­ent com­pany Met­cash an­nounced re­struc­tures last week.

Cor­netts and Wal­ters is a joint-ven­ture busi­ness in Queens­land for the na­tional com­pany, which has felt the im­pact of de­fla­tion in the mar­ket, nat­u­ral dis­as­ters and the down­turn in tourism.

The five IGAS set to close are loss-mak­ing stores and Cor­netts CEO Gra­ham Booy­sen said that is why the IGA in Port Dou­glas is safe, when asked if it would close.

“No it won’t be closed, sim­ple as that,” he said.

“Port Dou­glas is fine, it con­tin­ues to trade well and has a strong in­volve­ment in the com­mu­nity and is safe.”

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