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Myer

Myer Archives

How Myer plans to reach $1 billion in online sales

The department store's online sales have more than doubled to over $500 million since 2018, and CEO John King believes t...

Myer bounces back to profitability, names new chair

Myer’s profit is a strong improvement on the $172.4 million deficit the business suffered in FY20.

Myer sets AGM date, puts Lew in the hot seat

Lew will now need to get his nominations for new board members submitted in the next week.

Lew hits back at hints of capital raising at Myer

Myer has denied media reports that suggest it may be looking to dilute Lew's control over the company.

Lew ‘requests’ Myer release financial position well ahead of AGM

Lew has called on the department store to disclose its preliminary full-year results early to “allow an appropriate wind...

Myer picks up new national distribution centre in online, efficiency push

“[This centre] will deliver an enhanced experience in store and online for our customers, but also significant efficienc...

Premier threatens to call EGM to fire Myer board members

“Any other action would be futile, and costly for Myer shareholders who have endured enough,” Premier wrote in a stateme...

Myer offers Lew space on board, asks for end to “distraction”

“The board is focused on ensuring that [Myer CEO] John King and his management team are able to execute the all-importan...

Property news: Mirvac celebrates NAIDOC Week

Mirvac showcases Indigenous art; Highpoint Shopping Centre hosts beauty education series; Myer Melbourne attracts bigges...

Myer Melbourne attracts biggest CBD sale in 13 years

The store has a weighted average lease expiry of 10.5 years, and is 100 per cent leased to Myer.

Analysis: Decision time looms at DJs and Myer boardrooms

Would a merger of the two department stores be enough to save them?
Myer store front

Myer results “muddied” by Covid support, retail experts say

Here's how retail experts are interpreting the department store's half-year results.

John Lewis axes international sales

The business has deemed its international business "too costly".

Opinion: Why don’t Myer and David Jones sell pink cars?

Both shopping centres need to revisit their merchandising strategies to attract customers again.

Garry Hounsell steps down from Myer board before AGM

Housnell took the action after it became clear Myer’s largest shareholders would not support his bid to return as chairm...
David Jones storefront

Department stores: The dinosaurs of retail?

As losses mount at Myer and David Jones, merger talk has resumed, as well as more calls from stakeholders for drastic ac...
Myer store front

Myer trims board as shareholder pressure mounts

Second biggest shareholder Wilson Asset Management takes aim at Myer.

Myer rebalances Customer First strategy as profit plunges

Turnaround strategy refocused to take changes in customer behaviour into account.
Solomon Lew and Mark McInnes

Solomon Lew fires shots at Myer over “shameful” results

The Premier Investments chairman has called for the Myer board to resign.
Myer store front

What could Amazon partnership mean for Myer? Look to the US

Myer and Amazon’s click-and-collect partnership is surprising, but not unprecedented.

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