MYR 0.00% 81.0¢ myer holdings limited

Ann: COVID-19 Business Update, page-98

  1. 23 Posts.
    lightbulb Created with Sketch. 9
    "Myer is said to be close to inking a hugely better deal with its landlords, under which the retailer will make lease payments equivalent to as little as 6 per cent of sales. The recast rental agreement, on which Myer declined to comment, would give it a new (financial) lease on life - pardon the pun."

    It took a pandemic, but Solomon Lew finally torpedoed the landlords. Article from the age 4:16pm.

    https://www.theage.com.au/business/companies/it-took-a-pandemic-but-lew-finally-torpedoed-the-landlords-20200512-p54s9f.html


 
watchlist Created with Sketch. Add MYR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.