Solly Lew Goes Mystery Shopping At Myer, Store Bid For Control Tipped
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February 10, 2022
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Days after racking up more shares in Myer, Premier Investment Solly Lew went shopping at the big department store according to staff.... Read More
Foot Traffic Slows, As Mall Shoppers Stay Home
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January 28, 2022
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Shoppers are opting to buy online or purchases good from smaller stores in a bid to avoid large shopping centres, a situation... Read More
Mystery Buyer Purchases 3.9% Of Myer
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January 28, 2022
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$14.3 million worth of Myer shares were purchased this morning, with AFR speculating that Solomon Lew is the likely buyer. If true,... Read More
Myer Reports “Strong Sales Growth” Despite Omicron
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January 25, 2022
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Myer is the latest Aussie retailer to warn investors of “headwinds from lockdowns”, but unlike the likes of Wesfarmers, JB Hi-Fi and... Read More
Bails Myer, Heir Who Took Company National, Dies Aged 96
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January 24, 2022
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Baillieu “Bails” Myer, son of Sidney Myer, who founded the retail giant, has died at his family home on the Mornington Peninsula.... Read More
Myer Refinances Debt For “Significant Long Term Stability”
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November 29, 2021
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Myer has refinanced its debt, with a four-year asset-based loan built on a secured revolving credit, and term loan facility with JP... Read More
Myer Hit With Lawsuit Over Unpaid Rent On Bourke St Flagship
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November 10, 2021
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Vicinity Centres has started legal action against Myer, over $4.2m in unpaid rent at its Melbourne flagship store on Bourke Street. According... Read More
Lew’s Threats To Overthrow Myer Board Prove Toothless
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November 5, 2021
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For the last few years, Solomon Lew has been very vocal in his wish to see the Myer board overthrown and replaced... Read More
Australian Ports Threatening Myer’s Merry Xmas
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November 5, 2021
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As we reported yesterday, the global shipping crisis is hitting Australian retailers and manufacturers particularly hard, as mass bottlenecks, ships bypassing the... Read More
Myer Board Beats Lew To Avoid Spill
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November 4, 2021
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Myer has avoided the chaos of a board spill, after copping a second strike against its remuneration report at today’s AGM. 62.5... Read More