Millers, Katies, Autograph, Crossroads, City Chic and Rivers are all operated by struggling retail group Specialty Fashion, which made the announcement it will close hundreds of under-performing stores in an attempt to revive the company's fortunes, following a massive shareholder revolt.

Asked if any of the Orange franchises were slated for closure in the coming 12 months, a spokesperson for Specialty Fashion responded the company’s plans to permanently close the doors of its shops “will happen gradually over the next few years”.

“At this stage we have not been advised of the closure of any stores in Orange,” she said.

The company has already closed its Bathurst Crossroads store, which was situated in the Bathurst City Centre.

A similar move in Orange would continue the worrying trend of businesses closing their doors in the city’s CBD.

In July this year – six months after the Myer’s final day of trading in Orange – the Central Western Daily reported there were 14 vacant retail premises on Summer Street between the railway line and Sale Street, up from four in 2010.

Millers and Katies are adjacent to each other at 182-186 Summer Street, with Rivers in the same block at 150-152 near the entrance to Orange Arcade.

Autograph, Crossroads and City Chic are all located in Orange Central Square shopping centre.

The shareholder revolt came after a majority of shareholders (51 per cent) voted against the group's remuneration report at its annual meeting.

The protest vote comes after Specialty Fashion ran at an after-tax loss of $8.8 million last year, a $2.1 million loss in 2016 and a $4.4 million loss in 2015.

Specialty also issued a profit warning last month, citing difficult market conditions in the first quarter that would see underlying earnings in the first half fall from $30 million last year to between $14 million and $17 million. 

On Tuesday the group said it would close about 300 under-performing stores over the next three years, to bring it to a footprint of about 700 outlets.