Myer's Top Ryde store could be the first of as many as 20 stores earmarked for closure as part of plans to secure the 115-year-old retailer's future.
The Australian Financial Review reports Myer is planning to close its four-year-old store.
They space is tipped as set to fall to Coles or Kmart, as according to a development application with City of Ryde Council, Top Ryde City plans to replace the two-level Myer store with a supermarket, a major tenant and a "mini-major."
Myer and Top Ryde City confirmed that the centre was considering a range of refurbishment options, but advised no decision had been made.