She has also had to contend with a misfiring national distribution centre that is not fully functional and has robbed Myer of millions of dollars in lost profit in the first half. Nonetheless ...

Myer suffered a hefty profit slump in the first six months of this financial year. Picture: NewsWire/ David Crosling It came amid shopper caution and challenging trading conditions. Picture ...

Myer executive chairwoman Olivia Wirth arrived ... started in March and is getting on top of the problems. But the synergies of $5 million to $10 million that were supposed to be unlocked by ...

Add articles to your saved list and come back to them any time. Myer was unable to sell some clothing in the lead-up to the busiest trading period of the year after some stock was trapped in the ...

Gift 5 articles to anyone you choose each month when you subscribe. Myer executive chairwoman Olivia Wirth expects the retailer will have to continue discounting stock as shoppers watch their ...

Meanwhile, Myer's profit dropped nearly 40 per cent in ... with industrials and financials both up 0.3%. As for the top-performing individual stocks: Mineral Resources has temporarily paused ...

(Reuters) - Australian department store owner Myer on Wednesday posted lower interim earnings, citing logistical challenges at a distribution centre in Victoria and strategic review costs ...

(Reuters) - Australian department store owner Myer on Wednesday posted lower interim earnings, citing logistical challenges at a distribution centre in Victoria and strategic review costs, while ...

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 ...

Myer reported a slump in half-year profits on Wednesday morning. Picture: NewsWire / Damian Shaw Iconic department store giant Myer has reported a crash in half-year profits, with the company blaming ...

Salvage crews confirmed that, other than the single tank of A-1 jet fuel, the damage only affected a ballast tank containing seawater. The ship was on charter to the US Military Sealift Command ...