Typo closes Geelong store amid commercial decline in Market Square
1 report, 1 independent
Updated Wed 00:00
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What happened
Typo closed its Market Square store in Geelong on October 14, 2026. This closure follows other major tenants, including Cotton On and Adairs, moving out of the center. The center is facing commercial decline, compounded by reduced office-worker foot traffic and stalled property development in Geelong's CBD.
From smartcompany.com.au
Why it matters
The departures from Market Square contribute to concerns about the economic health of Geelong’s central business district. Geelong Mayor Stretch Kontelj is now advocating for compulsory acquisition of the privately owned center because the owners have refused to sell or redevelop the site. This deadlock is complicated by a legal dispute involving the center's owners.
From smartcompany.com.au
Who's involved
- TypoClosed its store in Market Square.
- Cotton OnPreviously operated a store in Market Square before moving to a rival center.
- Market SquareThe shopping center where Typo operated before closing.
- City of Greater GeelongThe local government area grappling with the center's viability.
- Jacinta AllanThe Premier of Victoria whose government is involved in driving economic development in Geelong.