Myer pins its hopes on a strategy shake-up

The cut-throat retail environment leaves Myer with no choice but to pursue an ambitious plan for growth.

The battering Myer shares experienced today in the wake of its full-year results appears partly attributable to what it did last financial year and partly because of what it expects to do this year.

Myer shares fell about 9 per cent after it reported a 22.6 per cent slump in earnings to $98.5 million.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles