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Battle-weary department store Myer has unveiled its latest strategy to fend off the advances of Amazon — an online ‘marketplace’ that will sell other vendors’ products. Called the Myer ...
Solomon Lew says Myer has hit a turning point and the new-look department store could become a retail powerhouse, delivering $5bn in annual sales in coming years.
Shareholders of Myer and Premier Investments have both overwhelmingly voted in favour of a deal that will see the department store acquire fashion chains including Just Jeans, Dotti and Jay Jays.
It was more than 20 years ago that Solomon Lew was unceremoniously ejected from the Coles Myer board as a director after the former chairman of the conglomerate ...
Retailer Myer to takeover of Premier's apparel business in $623 mln deal. Australian department store owner Myer will merge with retail billionaire Solomon Lew's Premier Investments' portfolio of ...
Add articles to your saved list and come back to them any time. Twenty-two years ago, shareholders ejected Solomon Lew from the board of Coles Myer. Revenge will be both sweet and profitable for ...