Bernie needs to sew up a custom-fit plan

With a big transforming acquisition off the table, Bernie Brookes will be thinking hard about Myer’s options to release pressure -- and aware that improved earnings would make his store even more vulnerable to predators.

This hasn’t been a good week for Bernie Brookes or Myer. His merger target has been snatched from his grasp, he faces a far more formidable direct competitor and his own company now looks vulnerable.

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