Despite online sales making up 17% of total sales, Myer still saw total sales drop 16% from AU$3 billion recorded during FY19 to AU$2.52 billion. Myer blamed the widespread store closures due to ...

Myer Black Friday sale 2025: what to expect from Australia's premium department store Deals By Lucy Scotting Contributions from Sharmishta Sarkar , Max Langridge last updated 10 January 2025 ...

While we expect the online channel to grow faster than the brick-and-mortar channel to fiscal 2030, and Myer to partially capture its share of this e-commerce growth, Amazon Australia will pursue ...

Myer targets the middle to upper market, selling exclusive brands in competition with department store David Jones. The five largest Australian department stores share virtually the whole of the ...

Australia's biggest department store chain Myer Holdings said on Wednesday first-quarter comparable store sales fell from a year ... said its online sales grew by 67.8 percent on the ...

Myer’s online sales currently account for just 1% of annual revenue. Brookes says online sales could eventually grow to 7-8% of Myer’s total revenue, or around $300 million a year, within the ...

Australia's biggest department store chain, Myer Holdings Ltd, cut its growth targets on Wednesday as it battles intensifying competition and a rebellion from its biggest shareholder, sending its ...

Myer's statutory net profit fell 36.5 per cent to $24.4 million in the six months ending January 25 after higher restructuring costs, poor womenswear sales and higher finance costs due to the ...

Myer now expects online sales to rise about 28% to A$539.5 million ($397.5 million) and make up a fifth of its total revenue in fiscal 2021, while total sales for the year are projected to ...

Myer's Boxing Day deals have officially returned, with Myer's Stocktake sale kicking off on December 26 and running until early January 2025. While the actual day has come and gone, there are ...

Sept 14 (Reuters) - Myer Holdings Ltd MYR.AX posted its best annual sales since 2005, the Australian retailer said on Thursday, buoyed by robust online business and increased footfall to its ...

The growth in online sales was bolstered by agreements with Australia Post and Amazon announced last month. “We’ve seen significant growth in our online business since COVID-19,” Myer CEO ...