strategy

Myer Sees Growth in Online Sales


Australian department store chain, Myer Holdings (MYR), in an interview with its Chief Executive Officer (CEO) Bernie Brookes in the ACB Inside Business program has said that while online retail only accounts for less than 1 percent of its sales, he expects online sales to grow to 10 percent within five years.

  • Myer plans to close "non-performing" or "marginal" stores before they become unprofitable.
Syndicate content

Recommended Websites