Venture was a chain of discount department stores operating across Australia. It was developed by South Australian department store John Martins and was first opened in 1970. The chain grew to cover much of the country. It was later sold to the Cookes family which purchased the Waltons chain of department stores in 1987 and promptly closed it down, converting most of the stores to the Venture banner. In 1994, the company went bankrupt due to financial difficulties and soon after, it was closed down. The demise of Venture accelerated the national expansion of Harris Scarfe and the statewide expansion of FitzGeralds in Tasmania (FitzGeralds would be merged with Harris Scarfe a year later).
Famous quotes containing the word venture:
“I will venture to affirm, that the three seasons wherein our corn has miscarried did no more contribute to our present misery, than one spoonful of water thrown upon a rat already drowned would contribute to his death; and that the present plentiful harvest, although it should be followed by a dozen ensuing, would no more restore us, than it would the rat aforesaid to put him near the fire, which might indeed warm his fur-coat, but never bring him back to life.”
—Jonathan Swift (1667–1745)