THE DISTILLERY: Myer revival

Scribes say Myer's latest results mark a turnaround, with one believing the worst is over for the struggling retailer.

The commentariat loves a good turnaround tale, and at first blush Myer's profit pickup fits the narrative. But there appears to be more to the story.

The Australian Financial Review's Chanticleer columnist, Tony Boyd, says doomsayers were too quick to write off the retailer. He sees promise in yesterday's numbers, as well as the retailer's investment in online sales.

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