Myer's gastropodous growth continues, omnichannel still a focus
Department store Myer, a bedrock for the small appliance categories, has achieved its fourth straight quarter of comparable sales growth, registering a 0.4 per cent uptick for the third quarter of FY2013.
Wed 22/05/2013 12:00:00 / Read More »Waitrose moves a step closer to Australian launch, John Lewis to follow?
Leading British supermarket chain Waitrose is making tentative plans to enter the Australian market, at least in some capacity, prompting speculation that department store John Lewis could be following.
Fri 17/05/2013 12:00:00 / Read More »Myer shows slight improvement despite retail pressures
Myer has issued an update on its 2013 finances, with the retailer showing a slight uptick in sales and profits. Despite this, the company says the retail industry is facing pressures including the growth of overseas online retailers.
Thu 09/05/2013 12:00:00 / Read More »As Click Frenzy counts down, Harvey Norman joins the action
After an embarrasing launch late last year, Click Frenzy will be back tonight with a 24-hour Mother's Day sale. Hoping to cash in on some of the e-commerce hype is Harvey Norman, which is hosting a "shop frenzy" of its own.
Tue 23/04/2013 12:00:00 / Read More »ACCC denies Narta the right to fix Beko advertising prices
A proposal by Narta to fix advertising prices of Beko appliances has been quashed by the ACCC as it would present "a significant public detriment". Narta had wanted to set minimum pricing on Beko products for its members.
Thu 11/04/2013 12:00:00 / Read More »Remember this epic fail? Mother's Day Click Frenzy start of frenzied 2013
Click Frenzy, the sale that stops a website, is back for another attempt at bettering mediocrity, launching a new Mother's Day online sale frenzy scheduled for the evening of 23 April 2013.
Fri 05/04/2013 12:00:00 / Read More »Powermove picks up Soul By Ludacris range from Tempo
Powermove Distribution has picked up the Soul Electronics brand of headphones, previously distributed by Tempo Australia. These headphones are endorsed by Ludacris, Tim Tebow and Usain Bolt.
Wed 03/04/2013 12:00:00 / Read More »Harvey Norman, Dick Smith and JB given credit for digital radio sales surge
A surge in DAB Digital Radio sales has been attributed to retailers embracing the technology and promoting receivers in the lead-up to major sales events last year.
Mon 25/03/2013 12:00:00 / Read More »Retail brand rankings show a steep drop at Harvey Norman
International brand management agency Interbrand has announced its rankings of the top retail brands in Australia, with Woolworths topping the list for the second year in a row, and Harvey Norman falling considerably since last year.
Fri 22/03/2013 12:00:00 / Read More »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 »The Good Guys wins Roy Morgan Award for Customer Satisfaction
The Good Guys has beaten Ikea, Retravision, Dick Smith and Harvey Norman to win the Roy Morgan Customer Satisfaction Award for 2012 in the Furniture and Electrical Category.
Fri 22/02/2013 12:00:00 / Read More »Narta called out by ACCC for attempts to fix prices
Narta has come under fire from the Australian Competition and Consumer Commission, with the watchdog aiming to block Narta's attempts to set minimum advertising prices across all its member stores.
Mon 21/01/2013 12:00:00 / Read More »Myer joins Narta to improve product range and to access special deals
Myer has joined its fierce department store rival David Jones as a member of the Narta buying group. Other members of Narta include Winning Appliances, JB Hi-Fi, Betta Home Living and Bing Lee.
Mon 21/01/2013 12:00:00 / Read More »Nespresso offers coffee lovers an incentive to purchase a new machine
Nespresso has announced a promotion for consumers looking to buy a capsule coffee machine in February, offering a gift with purchase across its entire range of machines.
Fri 11/01/2013 12:00:00 / Read More »Top 10 Biggest Retail Stories of 2012
Current.com.au will be taking a look back at the most read stories across our major subjects this week. Our first category is Retail News, which was dominated by one particular group.
Mon 17/12/2012 12:00:00 / Read More »Click and compare: Just how price competitive is JB Hi-Fi Home?
Following the launch of JB Hi-Fi Home's appliance retailing website, Current.com.au took a look around at what the major retailers are offering, and how JB's prices compare.
Tue 11/12/2012 12:00:00 / Read More »Myer squares off against Government: 'Consumers want certainty'
The chairman of Myer has used his address to shareholders to take a swipe at the Federal Government today, saying the carbon levy is hurting consumer spending and the "GST loophole" for online purchases is hurting businesses.
Fri 07/12/2012 12:00:00 / Read More »De'Longhi pips Apple to win Myer supplier award for second year running
De'Longhi Australia is currently raising a cup of cappuccino in celebration of winning the Myer Award for Best Hard Goods Supplier over $15 million at the department store's annual awards night.
Mon 03/12/2012 12:00:00 / Read More »John Lewis Christmas ad puts Australian retailers to shame
Turn on the TV over weeks leading up to Christmas and you'll hear the cheersquad booming 'Go Harvey Go' and the chorusline asking you to 'Come in and see the Good, Good, Good Guys' - compare that to UK retailer John Lewis.
Fri 30/11/2012 12:00:00 / Read More »Click Frenzy an embarrassment for online retailers and organisers
The celebration of online retail so heavily promoted by public relations in newspapers has become an embarrassment for the retailers and the organisers, with most of the websites hosting sales crashing due to high demand.
Tue 20/11/2012 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 »Click Frenzy is a good idea but Australia needs our own Black Friday
There's a new push to increase online sales and it's being supported, perversely, by several traditional retailers. Instead of copying America's Cyber Monday, these stores should be cloning the Black Friday sales.
Tue 13/11/2012 12:00:00 / Read More »Electrolux adds weight to Lavazza brand, boutique rollout continues
The launch of Electrolux coffee machines using the Lavazza capsule coffee system has added momentum and an aesthetic design element to the A Modo Mio business. Meanwhile, the boutique rollout in Myer stores gathers pace.
Thu 01/11/2012 12:00:00 / Read More »Anchorage appoints retail veteran as Dick Smith CEO, announces new board
Having completed the purchase of Dick Smith Electronics from Woolworths, Anchorage Capital Partners has this morning announced the leadership team that will take over the running of the retailer's head office.
Thu 27/09/2012 12:00:00 / Read More »Apple set to open fourth Melbourne Retail Store in booming northwest
Apple Australia will soon be opening its third Melbourne store in the northwestern area of the greater metropolitan region. This store will join existing Apple Retail Stores in Doncaster and Southland.
Fri 31/08/2012 12:00:00 / Read More »Recalled Sunbeam electric blankets just a precaution, no injuries reported: CEO
Sunbeam has today issued a recall notice on two electric blanket ranges sold as trade brands through Retravision and Myer stores. The brand names are Sunbeam Regency (Retravision) and Heritage by Sunbeam (Myer).
Thu 23/08/2012 12:00:00 / Read More »United Warranties collapse devastates individual consumers
While the large businesses chasing United Warranties for millions of dollars has made headlines over the last month, Current.com.au can today reveal the much smaller, but in many ways more devastating, individual cost of this collapse.
Wed 25/07/2012 12:00:00 / Read More »United Warranties collapse leaves retailers & suppliers chasing millions
The collapse of United Warranties has left 100 staff in the lurch and more than 580 unsecured creditors owed over $1.6 million. While big names such as Myer and The Good Guys are hit hard, many smaller retailers will also bear the burden.
Tue 17/07/2012 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 »Australian retailers need to improve communication skills
Australian retailers have a lot of work to do to improve their communication with stakeholders, according to a report into the corporate newsrooms of Australian publicly listed retailers.
Thu 05/07/2012 12:00:00 / Read More »Clicks and mortar strongly represented in online shopping survey
Australia's big bricks and mortar names have taken four of the top six spots in a recent Canstar Blue survey on online shopping. Big W, Target, Kmart and Myer all figured in the poll, which also found that Australians prefer to shop locally.
Mon 02/07/2012 12:00:00 / Read More »Myer set to expand footprint with new Darwin store
Myer has announced plans to build a new 53,000 square-metre department store in Darwin's Casuarina Square shopping centre, which is set to be the first full-range Myer store of its kind in the city.
Tue 26/06/2012 12:00:00 / Read More »Big W joins Myer in dropping United Warranties
Following news yesterday that Myer had ceased selling warranties due to issues with its provider, United Warranties, Big W has confirmed to Current.com.au that it has also ditched the embattled warranty company.
Fri 15/06/2012 12:00:00 / Read More »Myer suspends warranty sales as United Warranties flails
The future of United Warranties is in doubt, with major retail and supply partners withdrawing their support for the warranty provider. One such brand is Myer, which has been forced to cease sales of warranties altogether.
Thu 14/06/2012 12:00:00 / Read More »Myer sales steady as online presence grows
Myer has recorded resilient sales for the third quarter of its financial year - $651 million. Although this is down 0.9 per cent compared to the corresponding period last year, Myer notes that this is a "solid result in a challenging environment".
Wed 23/05/2012 12:00:00 / Read More »Electrolux takes on Nespresso at the coal face
Electrolux and Lavazza took to Myer's bustling Bourke Street Mall store on the weekend to promote their new pod coffee machine collaboration, Lavazza A Modo Mio by Electrolux. Nespresso was also in the store to provide a little healthy competition.
Sun 06/05/2012 12:00:00 / Read More »JB Hi-Fi's reputation slips as punters jump on the Apple brand wagon
Australians still value consumer electronics, but their focus has shifted from big retailers to big brands according to the Annual Corporate Reputation Index. Apple took the most reputable company gong after JB Hi-Fi held it for 2 years.
Tue 01/05/2012 12:00:00 / Read More »Dick Smith & Myer get a mention in digital radio marketing campaign
In the lead up to Mother's Day, Commercial Radio Australia has launched a marketing campaign to promote digital radio, with Dick Smith and Myer receiving special mention for their Mother's Day offers.
Mon 23/04/2012 12:00:00 / Read More »The "store of the future": DJs outlines its plans for online retail
Despite company profits falling 20% over the last 6 months, David Jones has outlined a bold new plan for expanding its "Omni Channel Retail" offering. So what will the new online strategy involve, and will it save the department store?
Fri 23/03/2012 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 »The big retailers that have aced Facebook, and how to emulate their success
A new report has tracked the big department stores and general retailers that have found success on Facebook by engaging with consumers. The report also outlines tips for growing the strength of your brand or business.
Wed 22/02/2012 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 »Retail insights: Just how well are JB, Harveys, Myer & DJs faring?
Despite JB Hi-Fi's recent profit downgrade, industry analysts suggest that "the market is unfairly valuing" the company. Meanwhile for Australia's other big retailers, electrical products are proving to be a tough sell.
Fri 13/01/2012 12:00:00 / Read More »Strap on your seatbelt - it's a De'Longhi
Which De'Longhi appliance is so powerful you need to wear a seatbelt when it's in use? This video has the answer...
Mon 05/12/2011 12:00:00 / Read More »UPDATED: De'Longhi recognised as Myer Supplier of the Year
Myer held its Supplier of the Year Awards in Melbourne on Friday, with De'Longhi picking up two gongs including Myer Supplier of the Year 2011. Ricoh was also awarded as Best Information Technology Supplier.
Mon 05/12/2011 12:00:00 / Read More »Myer focusing on 'omnichannel retailing' as sales dip slightly
Myer CEO Bernie Brookes was upbeat today despite the listed department store recording slight dips in total sales and like-for-like sales for the first quarter of the 2012 Financial Year.
Wed 09/11/2011 12:00:00 / Read More »Retailers and channel recognised at Logitech awards night
Dick Smith, JB H-Fi and Bing Lee were amongst the winners at Logitech's Alto Awards in Sydney last night. Logitech holds these awards annually to recognise and thank its retail and channel partners.
Fri 28/10/2011 12:00:00 / Read More »Nilfisk on TV promoting Bravo vacuums and retailers partners
Nilfisk has launched a TVC campaign for its new Bravo range of vacuum cleaners. Plus, Nilfisk has moved to new premises.
Fri 14/10/2011 12:00:00 / Read More »With sales down, David Jones focusing on multichannel and social media
David Jones Limited has today announced a sombre result for the 2011 Financial Year, with total sales and profit after tax both declining compared to the previous year. Multichannel sales and new marketing streams are 'strategic highlights'.
Wed 21/09/2011 12:00:00 / Read More »Aussie businesses know they need to embrace new tech, but many unwilling
Although 86 per cent of businesspeople agree that technological change is important, only 39 per cent of those same businesspeople embrace change. We look at how this mindset is playing out in the retail electronics industry.
Tue 20/09/2011 12:00:00 / Read More »Myer's reduced electrical offering leads to increase in profitability
A reduced electronics offering at Myer has led to a decrease in sales but an increase in profitability, according to the department store's full year results, which includes net profit of almost $163 million.
Thu 15/09/2011 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 »Retailers feel the stockwaves after DJs profit slump
Following an announcement made yesterday by David Jones heralding dwindling profits for 2012, stock prices plummeted across the retail sector.
Fri 15/07/2011 12:00:00 / Read More »DJs, Myer and consumer confidence: a tri-colour of gloomy news
Australian retailers David Jones and Myer have announced they expect profits to experience a serious decline in the next six months. Consumer confidence figures are also low, at levels last seen in the post-GFC climate.
Thu 14/07/2011 12:00:00 / Read More »The 18 Commandments: Retailers ask Government for "level playing field"
The Australian National Retailers Association is calling on the Federal Government to create a level playing field for retailers, according to a submission to the Productivity Commission.
Mon 30/05/2011 12:00:00 / Read More »Asus answers questions regarding lack of in-store Transformer stock
Asus Eee Transformer stock arrived in Australia on 18 May 2011 and was shipped to retailers for an on-sale date of 25 May 2011. This information was provided after numerous consumer complaints of lack of stock on shelves.
Fri 27/05/2011 12:00:00 / Read More »Myer and David Jones have the blues but the future is bright
The department store blues have continued into the start of 2011, with Myer and David Jones today reporting falls in revenue. Both listed retailers are optimistic, however, that this trend will turn around, though for different reasons.
Wed 11/05/2011 12:00:00 / Read More »Sex scandal hurting DJs' reputation, Optus best telco: brand rankings
David Jones reputation has taken a big hit in the 12 months since its CEO was forced to resign in disgrace. Meanwhile, JB Hi-Fi, The Good Guys and Harvey Norman are flying. Plus, the battle of the telcos.
Mon 18/04/2011 12:00:00 / Read More »Myer One card the lone bright spot as David Jones outperforms main rival
The fortunes of department store rivals David Jones and Myer could not be more different, with DJs outperforming whilst Myer is lagging well behind market expectations.
Mon 28/03/2011 12:00:00 / Read More »David Jones in no rush to expand online trade
While some retailers gallop towards expanding their online trade and multi channel offering, David Jones has said the cost-benefit analysis of furthering online operations will be well considered.
Thu 24/03/2011 12:00:00 / Read More »David Jones posts 5.2 per cent profit rise and negative sales
The giant retailer has released its first half year results boasting a record profit after the tax - the highest since the company listed in 1995 - and has reaffirmed its profit guidance for 2011 and 2012, despite negative sales.
Wed 23/03/2011 12:00:00 / Read More »Myer on track to open two more stores
Following the success of the Bourke Street refurbishment and the opening of two new stores at Top Ryde in New South Wales and Robina in Queensland, Myer is scheduled to open two more Queensland stores.
Fri 18/03/2011 12:00:00 / Read More »Myer details its online expansion, myfind.com on trial
Myer has described the inherent differences and the future directions of its two online shopping websites in today's first half year sales report.
Thu 17/03/2011 12:00:00 / Read More »Myer CEO reassures shareholders in face of company profit loss
The electrical business and whitegoods exit have been cited as culprits in Myer's negative half year sales; nevertheless the company has managed to present a strengthened balance sheet and declared an interim dividend of 11 cents per share.
Thu 17/03/2011 12:00:00 / Read More »Analysts deny online trade will destroy high street
In a report titled 'Defying the odds: Industries triumph over online adversity', analysts suggest resourceful operators have repositioned their offerings in order to meet the online challenge. How will buying power and reputation trump online offerings?
Wed 16/03/2011 12:00:00 / Read More »Myer trumps Kogan but online venture more lost than found
If ever there was a pyrrhic victory to be regretted, it's Myer's win over Kogan in the bet to launch an online site out of China.
Tue 01/03/2011 12:00:00 / Read More »New 'Knifepoint' David Jones store a move away from old strategy
The post-McInnes David Jones era has made a decisive move today against one of the key strategies of the fallen CEO's reign. The news: David Jones will be opening a new department store at Highpoint, a mall locals call 'Knifepoint'.
Wed 23/02/2011 12:00:00 / Read More »Consumer caution costs Harvey Norman: flat first half sales results
First Myer reported its earnings could be 5 per cent lower than forecasted, and then JB Hi-Fi admitted a "volatile" marketplace, now today the electrical and furniture giant has released sales consistent with the week's lacklustre trend.
Fri 11/02/2011 12:00:00 / Read More »Myer updates profit guidance, no thanks to CE business
The "challenging" first half year sales were influenced by the electrical business, the exiting of whitegoods in 2010 and soft apparel sales, causing the giant retailer to revise the 5 to 10 per cent net profit after tax guidance for 2011.
Mon 07/02/2011 12:00:00 / Read More »McInnes to meet friends and enemies in new corporate gig
Former David Jones CEO Mark McInnes will return to corporate Australia in 2011 as a director of a soon-to-be-formed racing club. And it won't be long until he runs into some old friends and foes.
Fri 17/12/2010 12:00:00 / Read More »Will manufacturers steal the online show?
While some scoff at Bernie Brooks' and Gerry Harvey's so-called bluff, new research has revealed 94 per cent of Australians are interested in bypassing retailers altogether to buy direct from manufacturers.
Tue 07/12/2010 12:00:00 / Read More »Harvey Norman and Myer to go offshore for some Chinese Democracy
Two of Australia's most famous retailers are set to open online stores based in China in response to the online retailers currently making inroads into traditional sales.
Mon 06/12/2010 12:00:00 / Read More »Retailer wrap: Harvey Norman posts positive results despite pessimism
The Thorn Group and Harvey Norman were the only two retailers to post positive results in today's listed retailer wrap.
Fri 03/12/2010 12:00:00 / Read More »Listed retailer wrap: Every Thorn has a rose
On the back of a solid profit announcement and the news that it is offloading its BigBrownBox online retail website, Thorn Group has had the best week amongst the seven major listed retailers.
Fri 26/11/2010 12:00:00 / Read More »Myer management restructure: almost 20 senior managers shuffled
The organisational changes announced today come as the giant retailer sets up for what it anticipates will be an "exciting" period of growth.
Tue 23/11/2010 12:00:00 / Read More »Listed retailer wrap: DJs wins the week
Every Friday, Current.com.au will produce an update on how the seven major listed retailers performed across the week. It's a stable week to kick things off, with DJs the best of a steady lot.
Fri 19/11/2010 12:00:00 / Read More »TV price deflation and "patchy" consumer confidence hits David Jones Q1 sales
This time last week Myer CEO Bernie Brooks blamed the company's negative growth on TV price deflation, today it is David Jones CEO Paul Zahra's turn to do the same.
Thu 18/11/2010 12:00:00 / Read More »New Nespresso flagship store is another coffee high
Nespresso hosted Harvey Norman, David Jones, The Good Guys and Bing Lee, amongst other retailers, at the opening of its new high concept store in Pitt Street Mall last night.
Wed 17/11/2010 12:00:00 / Read More »Guess which retailer has a surging share price
UPDATES: Harvey Norman? JB Hi-Fi? David Jones? Only one major listed retailer has improved their share price over the last 12 months. Read on to find out which it is.
Wed 17/11/2010 12:00:00 / Read More »Myer blames TV price deflation for downbeat results
Myer has accused its receding Q1 sales on the entertainment division, claiming that were it not for TV price deflation, sales for the Group would have been up compared to the same time last year.
Fri 12/11/2010 12:00:00 / Read More »Myer takes on new online strategist
A new online operations manager will replace David Leckstrom, who has been responsible for Myer's digital brand presence including its corporate website, e-commerce site, social media networks, smartphone services and digital marketing.
Wed 10/11/2010 12:00:00 / Read More »Myer reveals its online initiatives
Myer has revealed its current online initiatives, inspired by "extensive" consumer research and a new online operations manager.
Fri 05/11/2010 12:00:00 / Read More »David Jones 'top brand' despite McInnes saga, Telstra trumps telcos
A consumer poll has revealed that David Jones is Australia's most trusted department store in spite of one respondent stating that they "trusted DJ's before the McInnes saga - but no longer".
Fri 08/10/2010 12:00:00 / Read More »Retail word of mouth killed by value propositions
Quality customer service by salespeople has been replaced by discounting, as an increase of internet savvy consumers means buyers are already well researched, according to a leading business educator and sales coach.
Wed 06/10/2010 12:00:00 / Read More »Sex scandal has no impact on David Jones' end of year results
If anyone thought Australia's biggest sexual harassment case would affect David Jones' sales, they were wrong.
Wed 22/09/2010 12:00:00 / Read More »Myer abandons whitegoods for good
Myer has decided to completely exit the whitegoods category in favour of outdoor furniture and more fashion lines as part of its focus on the redistribution of store space allocation.
Fri 17/09/2010 12:00:00 / Read More »Myer releases full year sales as DJs unveils flagship store
Myer has today announced an improvement in its full year sales of 0.7 per cent, whilst forecasting its earnings before interest and tax (EBIT) to slightly exceed earlier predictions by $4 million.
Thu 12/08/2010 12:00:00 / Read More »Myer's expansion plans on track
According to Bernie Brookes, Myer chief executive officer, the refurbishment program for its retail stores is nearing completion. Brookes said that an expansion plan for 15 new stores is also in development.
Fri 12/03/2010 12:00:00 / Read More »Myer posts 38 per cent profit increase
In its latest financial results announcement, Myer has recorded an impressive 38 per cent uplift in net profit to $115 million for the six month period ending 23 January 2010.
Thu 11/03/2010 12:00:00 / Read More »Myer sales creep up 2 per cent
Myer Holdings Limited has just released its sales figures for the first half of FY10 to 23 January 2010. The retailer recorded sales revenue of $1,797 million, which is up 2 per cent compared to the corresponding period last year.
Thu 04/02/2010 12:00:00 / Read More »Myer posts strong first quarter FY10 sales
Myer has released its sales results for the first quarter of FY10 ending 24 October 2009, the retailer recorded immpressive sales growth and is performing much stronger than the same period last year.
Fri 06/11/2009 12:00:00 / Read More »New addition to the Myer Board
Myer has just announced the appointment of Anne Brennan as non-executive director, effective immediately.
Thu 17/09/2009 12:00:00 / Read More »Countdown begins to the opening of Nespresso's newest boutique
Nespresso is preparing to open its sixth boutique store in Australia, at the Westfield Bondi Junction shopping centre. It might be Sydney's second Nespresso boutique, but it will offer shoppers a global first.
Tue 15/09/2009 12:00:00 / Read More »Net profit up 14.8% at Myer
Myer has just released its full year financial results to 25 July 2009, and despite the fact that the company is currently 39 months into its 50 month turnaround phase, the company performed exceedingly well.
Fri 11/09/2009 12:00:00 / Read More »Wavish steps down at Myer ahead of possible listing
Myer has just announced that a possible Initial Public Offering (IPO) of its shares may occur this year, due to this Bill Wavish has decided to stand down from his role as executive chairman and director of Myer, effective immediately.
Tue 04/08/2009 12:00:00 / Read More »Myer improves profit expectations after strong fourth quarter
Myer has just issued a report to the ASX outlining that it has revised its previous economic outlook for the year after strong customer response to promotional offers, improved store presentation and local marketing.
Wed 17/06/2009 12:00:00 / Read More »Myer increases profit despite a fall in sales
Myer has just released its half yearly results for the period ending January 2009 and it seems the company has handled the tough economic environment effectively, with a net profit increase of 5.3 per cent to $83 million for the period
Tue 24/03/2009 12:00:00 / Read More »Asus to sell $499 laptop exclusively through Myer
Asus Australia, has chosen Myer as the retailer for its new Eee PC, which is a basic notebook PC with flash storage instead of a hard drive aimed at young children, the education market and travellers and priced at just RRP $499.
Wed 21/11/2007 12:00:00 / Read More »Pioneer opens up LX series distribution to more mass retailers
Pioneer has acknowledged the key role played by Australian mass market electrical retailers in its plasma business by scrapping its onerous distribution restrictions for the new LX product range, which could have favoured premium specialist dealers.
Tue 20/11/2007 12:00:00 / Read More »
