Myer chief executive Bernie Brookes has defended his move to lower the full-year profit guidance for the department store giant, saying the …
Myer chief executive Bernie Brookes has defended his move to lower the full-year profit guidance for the department store giant, saying the …
You’ve got to feel some level of sympathy for Myer chief Bernie Brookes. Every quarter he has to face the media to discuss how the departm…
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…
Target has joined a score of other retailers after announcing it will start sourcing products directly from China in an attempt to bypass wh…
I have to say, I like department stores. I always have. As a kid living in Singapore I remember walking through the imposing entrance to …
What a year it’s been in online retail. This time last year the retail industry was up in arms over the “unlevel playing field” sup…
Bernie Brookes’ enthusiasm and optimism about the online potential of Myer signals that he is a retailer who does ‘get it’. Mind…
Department store Myer has warned of poor trading conditions after announcing a 19.8% decline in first half profit to $88 million. The com…
It is obvious from his weekend comments that Gerry Harvey doesn’t ‘get it.’ It is equally obvious that Grant O’Brien does. Later this …
It may have taken awhile for Australian retailers to realise that the steep downturn in retail spending might have cyclical elements, but th…
Department store giants Myer and David Jones are urging suppliers lower their prices, saying persistently high labour costs and rents are th…
