The Federal Court found although Myer misled shareholders, shareholders weren’t fooled.
Myer misled the market, but the market didn’t believe it. The judgment provides a road map for future class actions.
Myer’s place in the marketplace, and in the mind of the consumer, remains unclear.
What is lacking is Myer’s heritage, and the need for this to be carefully reframed and updated for the present day.
Private equity IPOs can over-perform for investors.
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Private equity-backed floats may not deserve the bad reputation they have.
The virtual reality service incorporates both vision and touch.
A new shopping experience from two retailing giants shows companies are embracing sensory marketing.
An extended federal election alone won’t be enough to derail consumer confidence.
Fears from retailers that shoppers will curtail purchases is generally unfounded - but not for a few categories.
Myer uses a labour hire firm to supply its store cleaners.
Australia’s law could be tightened up to better define the responsibility for labour hire workers.
Bland or grand?
The reduction of brands at major department stores could actually be a good thing for customers.
Myer chief Bernie Brookes became the latest senior executive to resign from the company this week as it struggles to adjusts to a new economy.
Firms can choose to manage for growth or cost cutting, but either way need to know what they are good at.
Collateral benefit, or just good business sense?
Retailer David Jones has found itself in the middle of ongoing market intrigue since last year, spurred on by a merger approach from Myer. The advance was rejected without shareholders being made aware…
David Jones plans to reinforce its position as a high-end retailer by downsizing stores and focusing on customer service.
The recent proclamation by David Jones CEO Paul Zahra that traditional department stores are likely to become smaller, fashion-focused and devoid of low-margin items reflects the various competitive influences…
David Jones’ 40% full year profit slump shows time is running out to embrace the sort of technology shoppers clearly want.
David Jones’ 40% full-year profit plunge sends a very clear message to the Australian retail sector: if you want to perform you need to reform. Such reform means a number changes to aspects of a retailer’s…