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.
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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 inFinance
Director spent $400k on ‘boat expenses’ with Kleenmaid money
Amid almost 200 pages of information regarding Kleenmaid’s dodgy practices, administrator Deloitte has highlighted that among other things, director Andrew Young spent almost $400,000 on boat expenses with Kleenmaid funds.
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Bakery fined $16,500 for underpaying delivery drivers
A Melbourne bakery has been fined $16,500 in the Melbourne Magistrates Court for underpaying four former employees a total of $12,000.