Australian retailer Myer Holdings has forecast an annual profit for fiscal 2021, compared with a loss it reported last year, helped by a surge in e-sales and benefits from government support schemes and rent waivers.
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117 published items with the word (s) or phrase Myer in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Australia's Myer expects swing to profit as online sales jump")
Australia's Myer expects swing to profit as online sales jump -
![]( "Myer to close stores, temporarily shed 10,000 employees")
Myer to close stores, temporarily shed 10,000 employeesAustralia’s Myer Holdings said on Friday it will shut all its stores for four weeks and temporarily shed 10,000 employees, as the spread of coronavirus leaves much of the country confined to their homes.
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![]( "Myer sees half-year profits dive, counting on clicks as shoppers stay home")
Myer sees half-year profits dive, counting on clicks as shoppers stay homeAustralia’s Myer Holdings Ltd said fears about the coronavirus would likely drive traffic to its online store, after reporting a decline in profit for a half year when it stopped stocking low-margin products.
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![]( "Australia's Premier Investments annual profit surges, shares jump 23%")
Australia's Premier Investments annual profit surges, shares jump 23%Australia’s Premier Investments Ltd defied a retail downturn to post sharply higher annual profit on Friday, driving its shares up 23% to post their best intraday gain in almost 18 years.
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![]( "Australia's Myer swings to profit, shares surge")
Australia's Myer swings to profit, shares surgeAustralian department store operator Myer Holdings swung back to an annual profit on Thursday as its turnaround strategy of ditching low-margin brands and a series of cost cuts showed it was back on track.
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![]( "Karen Millen in administration in Australia, stores to close")
Karen Millen in administration in Australia, stores to closeThe Australian arm of Karen Millen, the business that’s now owned by Boohoo, has been placed into administration. The move was widely expected and will mean the closure of all its stores and concessions there.
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![]( "Debenhams exits Australia, will keep online presence")
Debenhams exits Australia, will keep online presenceDebenhams is quietly withdrawing from physical retail in Australia with its only store in the country set to close early in 2020 as it also starts its UK closure programme. It will continue to sell online in Australia.
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![]( "International labels to be key at Australia's Myer under new CEO")
International labels to be key at Australia's Myer under new CEOAustralia's Myer is adding brands from the UK and Europe as it updates its portfolio and bets on the appeal of major names from outside its domestic market under its new CEO.
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![]( "Australia's Myer begins cull of \"unprofitable\" products")
Australia's Myer begins cull of "unprofitable" productsAustralia’s largest department store operator Myer will stop selling “unprofitable” Apple Inc products as part of its drive to focus on higher-margin items, Myer Holdings said on Friday.
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![]( "Australian shoppers stay at home in January")
Australian shoppers stay at home in JanuaryAustralian retailers suffered another bleak month in January, pointing to a tepid start for the new year after economic momentum slowed last quarter.
