Myer profits edge up, exit from whitegoods and gaming complete
Myer posted a slight uptick in sales and profits for the first half of the 2012-13 financial year, and has tightened its focus on "price harmonisation". The retailer has also now fully exited the whitegoods, gaming, CD and DVD categories.
Thu 14/03/2013 12:00:00 / Read More »Myer reports slight uplift in sales, CEO remains cautious about future
Myer Holdings Limited has this morning released a positive sales figure for its department store assets for the first quarter of the 2013 financial year.
Thu 15/11/2012 12:00:00 / Read More »Myer cuts 100 jobs due to increasing costs in the retail sector
Myer today announced that it would be forced to cut 100 jobs due to increasing financial pressures in the retail industry and "the toughest conditions seen in over 25 years".
Thu 12/07/2012 12:00:00 / Read More »Goodbye after-school jobs? Myer CEO calls for slashing of penalty rates
Following the release of disappointing half-yearly sales results yesterday, Myer CEO Bernie Brookes said retailers needed the freedom to cut penalty rates for staff in order to stay profitable. Otherwise, he said, casual jobs may be lost.
Fri 16/03/2012 12:00:00 / Read More »Myer & DJs tell suppliers to drop prices
The CEOs of Myer and David Jones have warned suppliers to lower prices or risk having products bumped from shelves. In order to stay competitive and maintain their margins, the retailers have said low prices are now "the suppliers' issue".
Mon 30/01/2012 12:00:00 / Read More »Myer CEO: our websites are "average", relaunches planned
Myer will be relaunching its online stores later in the year, with CEO Bernie Brookes saying the two current options - Myer.com.au and MyFind.com - were "average" websites.
Fri 26/08/2011 12:00:00 / Read More »
