September 2024
Can Olivia Wirth right the three-decade drift at Myer?
The former Qantas executive has inherited the start of a turnaround at retail’s grand dame. But there is plenty more to do, starting with finding profit growth.
- Jemima Whyte
February 2024
Myer launches buyer search for trio of fashion labels; KPMG hired
KPMG started contacting potential buyers just before Christmas, and a sale flyer was sent to interested parties in the past fortnight.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August 2023
Myer’s sales strength is great for consumers, but bad for investors
The department store hit its stride right as its customers were starting to feel the pinch. That’s been good for consumers wanting bargains but bad for shareholders.
- Anthony Macdonald
June 2023
Myer CEO John King to step down in 2024
Mr King will leave in the second half of next year and move back to the United States, where his family lives.
- Carrie LaFrenz
November 2022
Myer AGM to go down to the wire
With proxy votes rolling in, it is believed Solomon Lew’s Premier Investments has yet to vote his near 23 per cent stake.
- Updated
- Carrie LaFrenz
September 2020
Solly Lew takes aim at Myer (again) after it swings to $172m loss
Myer swings deep into the red during fiscal 2020, as its group sales fell 15.8 per cent even as online sales surged in the pandemic.
- Carrie LaFrenz
January 2020
The ASX's Christmas retail blackout
British retailers unveil their Christmas sales a week or so into January. Australian investors rely on ephemera for a gauge on how the period has gone.
- Myriam Robin
September 2019
Myer, Harvey Norman tweak pay to avoid second strikes
Myer and Harvey Norman are attempting to avoid further strikes against their remuneration reports by tweaking executive pay.
- Updated
- Sue Mitchell
Bernie Brookes continues his Myer delusion
Brookes laments that Myer is “at the whim of the shopping centre owners who have them entwined in long-term leases.” He’d know, having signed most of them.
- Joe Aston
Umbers' lapsed incentives help Myer's bottom line
On margins this narrow, every little bit counts.
- Myriam Robin
Myer defies doomsayers as profits rise for first time in nine years
Myer CEO John King says the retailer has made good progress "but we know there's much more to be done".
- Sue Mitchell