[2] In 1955, Walton formed an alliance with the American retail giant Sears, Roebuck and Co.[3] In the early 1960s, he started a finance company in partnership with Citibank, and also moved into insurance.
[8] That excluded the Brickfield Hill store in the south of the Sydney central business district, which by 1969 had already closed.
[11] The flagship Waltons department store on George Street, Sydney, was demolished, and employees and the media were informed that Bond Corporation intended to build Australia's tallest building, including a brand new Waltons store, on the same site.
It was finally replaced by the Citibank office tower, which includes the Galeries Victoria retail space.
The main Melbourne store, on Bourke Street, was remodelled into a Village Cinemas complex, which closed in 2006.