Venture (department store)

For the defunct North American chain of stores see Venture StoresVenture was a chain of defunct discount department store 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).
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