Australian department store owner Myer on Wednesday posted lower interim earnings, citing logistical challenges at a ...

Iconic department store giant Myer has reported a crash in half-year profits, with the company blaming “cautious” shoppers ...

Reduced purchasing power and a luxury slowdown were among factors, according to the International Association of Department ...

Major department store Myer has suffered a 40 per cent profit hit as it struggles with a tight retail market and “cautious” ...

Myer’s new automated warehouse, which has already been delayed two years, suffered implementation issues that continue to ...

Myer Holdings Ltd (ASX: MYR) shares are on the slide on Wednesday after the retailer disappointed with its half year ...

The department store chain is in the midst of merging with five fashion brands formerly owned by Premier Investments. Sales ...

Sales were down in the early second half of FY25 for both Myer and its newly acquired Apparel Brands from Premier.

(Reuters) - Australia's Myer announced sweeping changes to its executive team on Friday, including picking rival David Jones' former CFO as finance chief, while the department store owner completes ...

Myer chief executive Olivia Wirth at the company’s AGM in December last year.Credit: Eamon Gallagher While the department store has identified the automation and integration issues, it is still ...

Myer's first half was broadly in line with ... are underperforming the legacy department store segment. We estimate apparel brands' first-half sales declined by a low-single-digit percent, with ...

Myer targets the middle market, selling mostly apparel items in competition with department store David Jones and other fashion retailers. Myer materially expanded its business portfolio in 2025 ...