Fantastic Furniture has closed its last Australian factory, resulting in the loss of 100 jobs. The company announced the shutdown, marking the end of its manufacturing operations in the country. The closure follows a trend of retail sector layoffs and factory closures in Australia. The move is unexpected to the local economy and employs. The factory, which has been a important employer in the region, will now see a period of transition. The company has not yet revealed plans for its future operations or whether it will shift production to other countries. The closure is part of a broader trend in the retail sector, with many companies reducing their operations in recent years. This has led to rising unemployment and economic uncertainty in the region.