Department Store | |
Industry | Retail |
Founded | 1885 (re-branded as Myer in 2004) |
Headquarters | Sydney, New South Wales |
Products | Clothing, footwear, accessories, cosmetics, homewares, electrical, furniture, general merchandise |
Website | www |
Grace Bros was an Australian department store chain, founded in 1885. It was bought by Myer (later Coles Myer) in 1983. There were 25 stores across New South Wales and the ACT plus a few in Victoria, until they were re-branded under the Myer name in 2004.
Grace Bros had a long and rich history of retailing in New South Wales, especially in Sydney following its founding by the Grace brothers, Albert Edward and Joseph Neal Grace, in 1885. The two brothers migrated from England in the 1880s and sold goods door-to-door. In 1885, they opened their first small shop in George Street, Sydney and by 1906, they had opened a five-storey building at Broadway (now the site of the Broadway Shopping Centre). In 1931, Joseph Neal Grace died and Albert Grace became Managing Director of Grace Bros Ltd. Prior to his death in 1938, Albert Grace planned suburban expansion of the Grace Bros stores from the City, a move which is considered the reason Grace Bros survived when many of their contemporaries perished such as Anthony Hordern’s and Mark Foy's. Isabel Grace died in 1970 at age of 86 years.
Sydney's major Grace Bros was located on Broadway. Through several different stores at varied locations in the city, the store first came to Bay St in 1904. Subsequent additions and property purchases over the years culminated in the existing buildings being completed in 1923. Grace Bros boasted a store with, among many features, "three and a half acres of furniture"! The Grace auditorium dominated the social life of Sydney with dances, fashion parades, children's events displays and pantomimes held within it. 1954 saw the Royal Visit of Queen Elizabeth II with the Broadway stores extensively decorated. However, the centre of Sydney shopping gradually moved from Broadway into the current CBD around Market and Pitt Streets, and Grace Bros vacated the Broadway store in 1992. The building was resurrected as a multimillion-dollar retail and cinema complex in 1998.