Wait until they release their results....Myer is a nothing business that represents no product/value proposition in modern day retailing. The days of selling everyone elses brands are gone....unless they clear the decks and source exclusively stocked brands that attract customers to their stores, they have no hope. All the major brands have their own stores and most people would rather shop at the major brands stores than in Myer.
Department stores are old news and some people just cant accept the change that's been happening for years, just like the newspapers didn't see the digital change coming.
MYR Price at posting:
27.5¢ Sentiment: Sell Disclosure: Not Held
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