Myer Shareholders’ Class Action Dismissed
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May 6, 2020
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Iconic Australian department store, Myer, has seen a three-year class action brought to it by over a thousand disgruntled shareholders dismissed, with... Read More
Is Myer Next For Administration Management?
24 hours after Wesfarmers admitted that Target was in trouble with insiders telling Channel News that their future looks “grim”, concerns are... Read More
COVID-19 Retail: Myer Extends Temporary Closure
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April 22, 2020
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Myer has announced that it will be extending the temporary closure of its physical stores until at least 11th May 2020, in... Read More
Myer Rehire 2,000 Staff After Easter Frenzy
Embattled department store, Myer, has reportedly rehired 2,000 staff members to address a surge in online orders over the Easter long weekend.... Read More
Myer’s Online Sales Flourish During COVID-19, Up 800% Over Easter Long Weekend
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April 20, 2020
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Despite closing all of its physical stores in late March, Myer has posted strong sales growth through its online channels during the... Read More
UPDATED:David Jones Tipped To Follow Myer & Close Down Stores
Myer has jumped the gun and announced that they are set to start closing all stores from this weekend, David Jones is... Read More
Harvey Norman, Bunnings & CE Retailers To Stay Open
Consumer electronics, appliance and hardware retailers will be allowed to stay open with demand for goods likely to increase online as people... Read More
Notebook Airfreight Costs Jump From $12 A Unit To $80, Brands Have To Bid For Space
Brands shipping into Australia are now being forced to bid for airfreight space. According to the CEO of Acer Darren Simmons, a... Read More
‘Counterfactual Disclosure?’ Myer Shareholders Did Not Suffer Loses
Myer shareholders won’t be taking home any extra cash today after the Federal Court ruled they did not suffer any financial loss... Read More
Harris Scarfe Takeover Eyed By Former Owner
Yet another bidder are reportedly eyeing the rescue of failed department store, Harris Scarfe. The former owners, Momentum private equity, has become... Read More
