Wednesday 4 February 2009

Auburn. OFIS outlet to close

The OFIS outlet in Auburn is one of Harvey Norman’s five office supply stores which will be closed before the end of June. When launched less than a year ago, the plan was to open 100 stores over the next 5-10 years. Executive chairman, Gerry Harvey, said the operation was losing too much, too fast to continue operating in the economic climate. “We are going to loose $7 million to $8 million in this six months ... the sales we were writing were not in a bull’s roar of where we wanted to be,” he said in The Australian Financial Review. OFIS was established to take on Officeworks.

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