Both are heads of department stores, one of the weakest sub-sectors of the economy, and both carry staunch opinions about the future of onli…
Both are heads of department stores, one of the weakest sub-sectors of the economy, and both carry staunch opinions about the future of onli…
The retail industry is ramping up its campaign to have the Federal Government abolish the GST-free low value threshold, with the National Re…
Bernie Brookes got a tiny little reward for his patience in the face of an ugly retail slump yesterday when Myer reported some positive comp…
Myer has confirmed its net profit fell 14.3% in the year to June 30, with the department store also failing to give any guidance for the nex…
Last week, Myer CEO Bernie Brookes was quoted as saying that over the coming couple of years the pure online retailers would be successively…
All this hype surrounding the upcoming London Olympics had me thinking about the ‘fitness’ of retailers today. To use the analogy of a prime…
I suggested in a recent post that many highly paid government employees should perhaps spend more time in the real world to better understan…
The department store giants are at it again. After promising for so long to boost their online strategies, the two department stores are now…
Myer’s third-quarter sales results, and its earnings downgrade, underscore how much the retail sector needed this month’s 50 basis point cut…
Myer’s third-quarter sales fell 2.1%, prompting the department store chain to cut its forecast for full-year net profit. Sales for the 13…
Department stores are taking a leaf from the online retail book, with Myer pledging to discount more after Christmas and promote “daily deal…
Industry groups have thrown their support behind the Federal Government’s renewed promise to return the budget to surplus, but have raised…
