Myer chief executive Richard Umbers has departed the under-siege department store amid continued turmoil over its trading performance and leadership.The company said on Wednesday morning Mr [...]
Just the spectre of Amazon can eat into retail earnings performance, even before it shows evidence of stealing customers. Witness JB Hi-Fi – the market darling of the retail industry that [...]
Dairy processor Murray Goulburn has reported that its milk intake plummeted almost 30 per cent in the first half of fiscal 2018, and attributed the fall to its “inability to pay a competitive [...]
Myer’s largest shareholder, Premier Investments, says it will call an extraordinary general meeting to try and roll the department store’s embattled board.Retail billionaire Solomon [...]
Bunnings’ foray into the UK and Ireland has plunged deeper into strife, with parent company Wesfarmers writing down the value of its investment there by almost $1 billion.The retail conglomerate [...]
