Myer
Things are looking up for department store chain Myer (ASX:MYR) as chief executive Bernie Brookes reported that sales are tripling every week and could soon account for 5 percent of the company's revenue.
Despite competition from international online stores, Myer's online sales were growing even though worth only $5 million. Department store sales, on the other hand, were down 5 percent to $3.159 billion due to reduced sales of whitegoods.
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