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 ...

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 ...

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 ...

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 ...

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’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 ...

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 Myer Holdings Ltd on Thursday reported an annual loss as reduced footfall and store closures due to coronavirus-induced restrictions impacted its sales during the second half ...

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 recommends shoppers in Western Australia select express shipping on orders by December 19 or click and collect as deliveries in the state are affected by railroad closures.