“An uncannily similar slope”: Will Myer meet the same fate as Toys ‘R’ Us?
Last week we learnt Myer’s overall sales revenue is heading to about 5% a quarter, which is eerily similar to that of the late Toys 'R' Us.
Kevin Moore is a retail expert and the chairman of Crossmark Asia Pacific Holdings and Now Comms Group. He is also an independent director of Australian fintech company InvestSMART.