Myer postpones mid-year clearance amid warm weather and low consumer confidence
Myer has responded to a drop in consumer spending by postponing its annual mid-year clearance while unveiling a one-day stock-take sale this week to entice shoppers into stores.
Australia’s largest department store chain is offering discounts as deep as 60 per cent on womens apparel, 50 per cent off menswear and 40 per cent off manchester at the one-day ‘stocktacular" sale in-store and online on Wednesday.
Myer plans to hold a series of ‘countdown’ sales in the lead up to the mid-year clearance, which kicks off on Wednesday June 18 and runs until July 27, or until stocks last. Sydney Morning Herald – Read more…