Articles with tag myer

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New Myer opening as anchor store of Lakeside Joondalup redevelopment

A brand new, world-class Myer store will open its doors on Thursday 20 November 2014 as the anchor store in the $320 million redevelopment of the Lakeside Joondalup Shopping Centre, north of Perth.

Posted Mon 17/11/2014 12:00:00 / Read More »

Caught Out! Myer and Coles finance provider GE Capital fined $1.5 million

GE Capital, the finance and branded credit card provider for numerous retailers, has been fined $1.5 million for providing misleading information to customers seeking to increase their credit limits.

Posted Fri 04/07/2014 12:00:00 / Read More »

A picture tour walk around the Emporium in Melbourne

RetailBiz went for a stroll around the new Emporium in Melbourne this week to see what all the fuzz was about.

Posted Fri 09/05/2014 12:00:00 / Read More »

Round Up: David Jones, Myer and Harvey Norman news

David Jones this week opened a new store in Indooroopilly, Queensland, while Myer's comparable sales improved slightly due to store closures and currency fluctuations have benefited Harvey Norman.

Posted Fri 02/05/2014 12:00:00 / Read More »

David Jones agrees to $2.15bn takeover bid from South Africa, Myer withdraws

The board of David Jones has endorsed a $2.15 billion takeover offer from South African based retail group Woolworths. In response to the news, Myer has withdrawn its proposed "merger of equals" offer.

Posted Fri 11/04/2014 12:00:00 / Read More »

Round Up: Myer & DJs release disappointing results, prompting more merger talk

Both the department stores disappointed with their results for the first half of FY2014, leading to open discussions of a possible merger. Plus, changes to the junior award, ACCC getting serious about online retail and NORA board appointments.

Posted Fri 21/03/2014 12:00:00 / Read More »

Round Up: Guide to adapting to new Privacy Principles and DJs/Myer meagre merger

We have more on how to adapt to the new APPs; some interesting analysis of how the DJs/Myer merger might affect the companies; Cash Converters' profit collapses; Pac Brands gets a speeding ticket and CIS builds HP in-mall kiosks.

Posted Mon 17/02/2014 12:00:00 / Read More »

Round Up: Noni B increases margin, like-for-like sales down and stores closing

Noni B recorded an after tax profit of $1.9 million, a decline of 2.8 per cent, for the six months to 31 December 2013. Also down is consumer sentiment and satisfaction, while sales are up for ALDI and The Iconic and the ASIC is getting angrier.

Posted Wed 12/02/2014 12:00:00 / Read More »

Round Up: Bendigo retailer wins global award, Top loyalty programs; staff tips

Make Yourself A Home is making itself a mantle to hold its award from Californian interior design bible Houzz. Plus, we look at the tools in-store staff need in the modern retail world and reveal the Top 10 retiail loyalty programs. And more on DJs/Myer,

Posted Mon 10/02/2014 12:00:00 / Read More »

Special: David Jones and Myer engage in some Chinese New Year horseplay

Just 18 months after David Jones was subject to a bizarre takeover bid from a relatively unknown company in the UK, talks of a merger have once again surfaced - this time with department store competitor Myer.

Posted Fri 31/01/2014 12:00:00 / Read More »

Myer wishes everyone an appy Christmas with cautious outlook ahead

While increased occupancy costs, including rent, utilities, rates, taxes, as well as labour costs continue to largely impact the cost of doing business, Myer is geared up for the short and long term.

Posted Wed 20/11/2013 12:00:00 / Read More »

Myer's five point plan lifts Q1 sales

Myer's execution of its five point plan has helped lift first quarter sales for the 2014 financial year to $691.1 million, up 0.44 per cent compared to last year.

Posted Wed 13/11/2013 12:00:00 / Read More »

sass & bide founders staying where they are

sass & bide founders Heidi Middleton and Sarah-Jane Clarke have confirmed they will remain in the business as creative director and brand director respectively, following reports they had resigned from their positions.

Posted Fri 08/11/2013 12:00:00 / Read More »

Myer calls for industry reform as retail conditions remain tough

The heads of department store Myer have used the company's annual report to call for retail reform in Australia, saying the local sector needs to become more competitive in the global retail marketplace.

Posted Tue 22/10/2013 12:00:00 / Read More »

Myer opens new warehouse to support online business growth

Myer has opened a fulfilment warehouse in partnership with logistics provider Cargo Services Group to support the growth of its online store.

Posted Mon 21/10/2013 12:00:00 / Read More »

Nicola Finetti jumps ship from Myer to join David Jones

Australian fashion designer Nicola Finetti has signed an exclusive agreement with David Jones, following Finetti's soon-to-be expired contract with Myer.

Posted Fri 27/09/2013 12:00:00 / Read More »

ACCC gives interim go ahead for Myer to coordinate promotions

The Australian Competition and Consumer Commission has granted Myer interim authorisation to coordinate various promotions with existing businesses operating in its Myer stores.

Posted Thu 26/09/2013 12:00:00 / Read More »

Peter Alexander jumps in bed with Myer

Myer has secured a department store exclusive with the launch of Australian designer sleepwear and underwear brand Peter Alexander Sleepwear.

Posted Tue 17/09/2013 12:00:00 / Read More »

Rising costs hit Myer profits, omni-channel still the focus

Major store refurbishments, investment in its omni-channel initiatives and rising ongoing operating costs like wages, rents and electricity have put a dent in Myer's full year net profit for the year.

Posted Thu 12/09/2013 12:00:00 / Read More »

Myer hunts for new creative agency

Myer has initiated a tender process to give creative agencies the opportunity to join the department store.

Posted Mon 05/08/2013 12:00:00 / Read More »

Specsavers takes top gong at 2013 ARA Australian Retail Awards

Specsavers was awarded the coveted 2013 Visa Australian Retailer of the Year award at the 2013 Australian Retailers Association Australian Retail Awards on Tuesday.

Posted Tue 23/07/2013 12:00:00 / Read More »

Myer, Shoes of Prey represent Australia in World Retail Awards

Myer and Shoes of Prey have been announced as finalists at the World Retail Awards.

Posted Fri 19/07/2013 12:00:00 / Read More »

Hard work pays off for NRA Young Retailer of the Year finalists

Owners and managers of retailers including Dick Smith, Myer, David Jones, Woolworths and Rebel Sport are some of top 25 finalists in the running for the National Retail Association Young Retailer of the Year title.

Posted Fri 21/06/2013 12:00:00 / Read More »

Myer sees fourth consecutive lift

Myer has managed to report positive results for the third quarter for the 13 weeks to 27 April 2013.

Posted Wed 22/05/2013 12:00:00 / Read More »

Ellery says sorry to Myer

Less than two weeks in court, Myer and Australian fashion designer Kym Ellery have reached a mutually agreed settlement.

Posted Tue 23/04/2013 12:00:00 / Read More »

Myer, Ellery go to court

Court proceedings between Australian fashion designer Kymberley Ellery and Myer has begun.

Posted Mon 15/04/2013 12:00:00 / Read More »

Investments pay off, Myer lift profits

Myer has lifted its first half year sales for the first time since 2010.

Posted Fri 15/03/2013 12:00:00 / Read More »

Myer takes Ellery to court

Myer and David Jones are in a bitter battle for one of Australia's top designer labels, Ellery.

Posted Wed 23/01/2013 12:00:00 / Read More »

Myer's omni-channel retail evolution continues

Myer has launched a number of IT initiatives as it continues to execute its omni-channel strategy.

Posted Wed 19/12/2012 12:00:00 / Read More »

phdcreative connects customers with Van Heusen

phdcreative has partnered with Van Heusen to bring a large format interactive touchscreen to the menswear floor of the Myer Sydney City store.

Posted Fri 07/12/2012 12:00:00 / Read More »

Myer exec quits

Myer advises Judy Coomber, group general manager merchandise has resigned and will leave the business for Peter Alexander.

Posted Fri 30/11/2012 12:00:00 / Read More »

Myer reports slight uplift

Myer has released a positive sales figure for its department store assets for the first quarter of the 2013 financial year.

Posted Thu 15/11/2012 12:00:00 / Read More »

Commbank, Myer customers rewarded for shopping

Their customers will be rewarded with points for using their Commonwealth Bank Awards credit card in-store at Myer.

Posted Fri 02/11/2012 12:00:00 / Read More »

Myer Townsville opens

The store opens as part of the redevelopment of Stockland shopping centre in Townsville.

Posted Mon 29/10/2012 12:00:00 / Read More »

Winners, losers for in-store customer service

Choice recently conducted a Shadow Shopper survey for the top ten retailers in Australia to see how their customer service skills stack up against one another.

Posted Thu 27/09/2012 12:00:00 / Read More »

Myer opens Fountain Gate store

Despite the disappointing financial results, Myer proceeds to open new stores with the latest addition being its Fountain Gate store at Fountain Gate Westfield Shopping Centre in Victoria.

Posted Mon 24/09/2012 12:00:00 / Read More »

Myer remains persistent despite NPAT fall

While Myer continues to feel the financial pinch it aims to continue to roll out its five-point strategic plan, which it hopes will better position the company for the future.

Posted Thu 13/09/2012 12:00:00 / Read More »

Myer chairman retires, directors join board

Howard McDonald will retire as Myer's chairman in October while Paul McClintock has announced his appointment as non-executive director and chairman-elect of the company.

Posted Thu 09/08/2012 12:00:00 / Read More »

100 jobs to go: Myer

Myer has been forced to cut 100 staff in order to continue viable operation in what has been described as the toughest conditions the retail sector has experienced in over 25 years.

Posted Fri 13/07/2012 12:00:00 / Read More »

Bidder for David Jones revealed

The company that has made a $1.65 billion takeover bid for David Jones has been revealed by a UK blog site as EB Private Equity.

Posted Mon 02/07/2012 12:00:00 / Read More »

New Myer store for Darwin

Myer is building a new two-level 12,000 square metre store at Casuarina Square in Darwin featuring a large range of apparel, cosmetics, homewares and electrical merchandise.

Posted Wed 27/06/2012 12:00:00 / Read More »

Myer cuts profit guidance as sales slump

Low foot traffic and a drop in sales in April, which has carried on into May, have forced Myer to re-evaluate its net profit after tax forecast for 2012 financial year.

Posted Wed 23/05/2012 12:00:00 / Read More »

Profits slip, strategy plan continues: Myer

Myer continues to make good progress adapting itself to the changing retail environment but it hasn't been enough to help the company's half-year earnings where NPAT was down 19.8 per cent.

Posted Mon 19/03/2012 12:00:00 / Read More »

DJs, Myer threatens to walk from suppliers

Not only are Australian retailers already paying higher labour and rent costs than overseas peers, they are also paying a high price for stock as they continue to fight the against its online competitors.

Posted Mon 30/01/2012 12:00:00 / Read More »

DJs, Harvey Norman: Private equity targets

Following the buyout of Pacific Brands recently by a US-based private broker, Deutsche Bank has highlighted that Harvey Norman and David Jones are the next probable takeover targets.

Posted Tue 17/01/2012 12:00:00 / Read More »

Myer builds toward a brighter future

Myer has announced that it will look at discontinuing the lease of underperforming stores and finding a partner to help with its omin-channel strategy.

Posted Mon 19/12/2011 12:00:00 / Read More »

Myer reaffirms position

Despite seeing first quarter total sales slip 3.5 per cent down to $681 million, Myer continues to remain optimistic.

Posted Tue 29/11/2011 12:00:00 / Read More »

Myer's Q1 sales down but still optimistic

Myer sales are down 3.5 per cent for the first quarter of the 2012 financial year to $681.4 million but still anticipates that sales for the full year to be flat.

Posted Wed 09/11/2011 12:00:00 / Read More »

Myer Mackay opens its doors

The 10,000 metre squared two-level store will provide a range of international and national Myer exclusive brands across a variety of categories.

Posted Thu 13/10/2011 12:00:00 / Read More »

Myer benefits from multi-channelling

The department store reported a net profit after tax result of $162.7 million. Meanwhile, sales were down 3.8 per cent to $3.16 million and on a like-for-like basis it was down 5.5 per cent.

Posted Mon 19/09/2011 12:00:00 / Read More »

Woolworths 1, Myer 0

Myer has restructured its executive team after its executive general manager merchandise Penny Winn resigned, moving over to Woolworths.

Posted Mon 12/09/2011 12:00:00 / Read More »

Myer extends CEO's contact

Myer has extended Bernie Brookes contract as chief executive officer and managing director of the company for a further two years.

Posted Thu 11/08/2011 12:00:00 / Read More »

Myer offers free shipping

As of Tuesday, Myer has become the first and only Australian department store to remove its shipping and handling costs for all products bought via its website gifts.myer.com.au.

Posted Tue 02/08/2011 12:00:00 / Read More »

Myer to rebuild Hobart store

The development of a flagship store will see Myer dedicate multiple storeys to their store while leaving additional floor space for specialty retailers to set up shop.

Posted Wed 20/07/2011 12:00:00 / Read More »

DJs deteriorates with profit downgrade

Poor results from its all-important Clearance period in June and Clearance Clearout in early July has forced retailer David Jones to downgrade its profit guidance for the remainder of 2011 financial year.

Posted Thu 14/07/2011 12:00:00 / Read More »

Internet retailing will take greater share of sales, investment bank warns

Online sales will soon take a larger share of retail growth in Australia according to research from investment firm Morgan Stanley.

Posted Thu 30/06/2011 12:00:00 / Read More »

Myer to increase offshore outsourcing

Currently, the company directly outsources around $150 million worth of products and aims to increase that to $200 million by opening two dedicated global sourcing offices.

Posted Mon 16/05/2011 12:00:00 / Read More »

Myer struggles to lift sales

Like rival David Jones, Myer continues to feel the pressure from the conservative consumer sentiment, reporting total sales for the third quarter of $657 million, down 2 per cent compared to last year.

Posted Wed 11/05/2011 12:00:00 / Read More »

JB Hi-Fi wins the heart of consumers

According to the 2011 Corporate Reputation Index, compiled by research consultancy AMR, JB Hi-Fi is viewed by Australians as having the best overall reputation based on strong perceptions around its products and innovation.

Posted Tue 19/04/2011 12:00:00 / Read More »

Myer reopens Melbourne CBD store

It’s taken four years and $300 million to rebuild the flagship store that is expected to attract over 25 million visitors each year. It delivers fashion, beauty, entertainment and lifestyle in a nine-level light-filled space with an atrium and centrepie

Posted Tue 05/04/2011 12:00:00 / Read More »

The people have chosen

Bunnings has beat retail rivals David Jones and Myer by scoring the People’s CHOICE award for best bricks and mortar retailer at the CHOICE Awards.

Posted Mon 04/04/2011 12:00:00 / Read More »

Myer One card winning over customers

The fortunes of department store rivals David Jones and Myer could not be more different, with the Macquarie Securities Group saying DJs is outperforming whilst Myer is lagging well behind market expectations.

Posted Tue 29/03/2011 12:00:00 / Read More »

Price deflation bursts Myer's profits

Department store giant Myer has reported a 3.5 per cent drop in sales to $1,733 million compared to $1,797 million from the previous corresponding period.

Posted Fri 18/03/2011 12:00:00 / Read More »

Myer follows through on threat

Having previously made threats to launch a China-based retail website Myer has gone live with an experimental offshore online shopping site, myfind.com.

Posted Tue 01/03/2011 12:00:00 / Read More »

Myer snatches fashion label from DJs

While sass & bide will operate as a separate entity, Myer will have exclusive department store rights to distribute the designer brand, as well as benefit from the expansion of sass & bide standalone store network and its domestic and international wholes

Posted Mon 07/02/2011 12:00:00 / Read More »

Slow sales see Myer cut profit outlook

Myer has downgraded its profit outlook for the FY11 to be five per cent less than it was initially stated, which was a five to 10 per cent growth.t expects first half net profit after tax to be in the range of $106 million to $109 million.

Posted Mon 07/02/2011 12:00:00 / Read More »

Kogan says this is a "hoax"

Ruslan Kogan from Kogan Technologies is calling out Gerry Harvey and Bernie Brookes on their bluff in regards to taking their e-commerce sites offshore to China.

Posted Wed 08/12/2010 12:00:00 / Read More »

Myer's management restructure

As part of the growth stage, at least 16 new managers will be appointed in the next two months across merchandise, business services, finance, marketing, electrical, entertainment and IT

Posted Thu 25/11/2010 12:00:00 / Read More »

High rates see Myer down

Myer has reported sales for the period ending 30 October is down 1.53 per cent to $706 million compared to the previous corresponding period, in which Myer delivered a record result with sales growth of 5.21 per cent.

Posted Tue 16/11/2010 12:00:00 / Read More »

Myer reaffirms profits

Myer has reaffirmed its anticipation for its net profit to grow between 5 to 10 per cent in the 2011 financial year.

Posted Wed 27/10/2010 12:00:00 / Read More »

Myer survives tough year

In its first annual review since it was listed on the Australian Stock Exchange on November 2, 2009, company chairman Howard McDonald said the company faced several external challenges.

Posted Mon 11/10/2010 12:00:00 / Read More »

REDgroup to grow focus categories

REDgroup Retail has appointed Adrian Jones to the role of group commercial director.

Posted Mon 11/10/2010 12:00:00 / Read More »

DJs tops most trusted brand list

David Jones surpassed Myer by a small margin with 32 per cent of respondents stating that Myer was the most trusted department store brand while DJs came out on top with 36 per cent.

Posted Fri 08/10/2010 12:00:00 / Read More »

Myer rolls out new POS system

Myer said it hopes to bring a solid platform for growth through investing significantly in technology.

Posted Wed 22/09/2010 12:00:00 / Read More »

Myer up on profit

The company saw sales increase by 0.7 per cent from $3.261 million to $3, 284 million.

Posted Tue 21/09/2010 12:00:00 / Read More »

Myer launches general insurance products

Myer has expanded the range of benefits that are available to its customers by launching a suite of general insurance products, 'Myer Insurance, Issued by QBE'.

Posted Fri 13/08/2010 12:00:00 / Read More »

Room for improvement in retailers email marketing campaigns

A study has found that retailers such as Big W, Dick Smith and Myer are 25 per cent more likely to offer email recipients choices during the opt-in stage than those in the US, but lag behind in offering consumers sale or discount incentives.

Posted Thu 06/05/2010 12:00:00 / Read More »

Myer's expansion plans on track

According to Myer CEO Bernie Brookes, the refurbishment program for its retail stores is nearing completion. He said that an expansion plan for 15 new stores is also in development.

Posted Fri 12/03/2010 12:00:00 / Read More »

Myer appoints new director

Myer has appointed Peter Hay as a non-executive director of the company.

Posted Fri 05/02/2010 12:00:00 / Read More »

Myer sales up 2 per cent

Myer Holdings Limited has released its sales figures today for the first half of FY10 to 23 January 2010. The retailer posted total sales revenue of $1,797 million, up two per cent compared to the corresponding period last year.

Posted Thu 04/02/2010 12:00:00 / Read More »

Consumers to spend $20.5 billion in Christmas sales

Despite economic talk turning towards recovery, IBISWorld predicts rising interest rates and the absence of cash hand-outs will see consumers saving more than spending this Christmas.

Posted Fri 27/11/2009 12:00:00 / Read More »

Carla Zampatti leaves Myer for David Jones

Carla Zampatti has signed an exclusive agreement with David Jones, which provides that both the Carla Zampatti and Bianca Spender brands will become department store exclusive to David Jones.

Posted Fri 20/11/2009 12:00:00 / Read More »

Myer to be worth $2.7 billion after ASX listing

Myer Holdings has lodged its prospectus for the initial public offer of its shares with the Australian Securities and Investments Commission ahead of Myer's planned listing on the Australian Securities Exchange.

Posted Tue 29/09/2009 12:00:00 / Read More »

Myer to add 15 new stores

Myer is expanding its chain of 65 stores nationwide to 80 by 2014, with three new stores to be opened within five years.

Posted Tue 29/09/2009 12:00:00 / Read More »

Myer adds non-executive director to the board

Myer has appointed Anne Brennan as non-executive director, effective immediately.

Posted Fri 18/09/2009 12:00:00 / Read More »

Myer's net profit up 14.8%

Myer has just released its full year financial results to 25 July 2009, and despite the fact that the company is currently 39 months into its 50 month turnaround phase, the company performed exceedingly well.

Posted Mon 14/09/2009 12:00:00 / Read More »

Myer profit expectations improve after strong Q4

Myer has issued a report to the ASX outlining that it has revised its previous economic outlook for the year after strong customer response to promotional offers, improved store presentation and local marketing.

Posted Thu 18/06/2009 12:00:00 / Read More »

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