Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Harvey Sees Turnaround

Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Harvey Sees Turnaround

Article excerpt

TODAY, the Maroochydore Homemaker Centre is one year and four days old and achor tenant CEO Gerry Harvey couldn't be happier.

Admitting to opening the doors back on November 12, 2012 amidst a "shaky economic climate", he said the feedback from staff and the public has been overwhelmingly positive, with people from as far as Bundaberg and Hervey Bay coming to shop.

"In terms of trade, it was expected we would take some hits to profits in the first five years; however, sales in our first year are as good as anyone could have hoped," he said.

"While it was always going to be difficult to top hot spots like Townsville, the Gold Coast or Toowoomba, the centre compares very well with a lot of similar centres in Brisbane."

A details man who scrutinises every bit of data available on sales, demographics and buying patterns, Mr Harvey said he was seeing signs of growth in the Sunshine Coast economy.

"It appears to be very much in recovery mode," he said. "Some have attributed this in part to an increase in the number of fly-in, fly-out workers in the region over the past few years, but I think -- as many others have said before me -- the roll-out of several large-scale infrastructure projects like the new medical precinct in Kawana, have been the real catalyst for growth.

"Projects like this build both business and consumer confidence, so it's no surprise the local economy is beginning to strengthen.

"It was really encouraging to see the strongest quarterly results for the retail sector in six years recorded this year. …

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