Ann: Half-Year Results - Release and Presentation, page-34

While viewing a website is not the only way to consider shopping at a retailer, it's instructive that usage of the MYR one has increased from what www.similarweb.com claims is 9.5 million visits in January 2022 to 12 million in March 2022, up 26.3 per cent.

In comparison, Amazon's Australian site has risen from 35.9m to 38.6m, which is minimal growth of 7.52 per cent.

WES' Catch site has gone from 7.1m to 7.7m, up 8.45 per cent while KMart's has been stagnant at 18.4 million visits.

The Kogan site has declined from 8.1m to 7.3m, a decrease of 9.88 per cent while EBay's Australian site has increased by 2.9 million visits to 57.2m, up 5.34 per cent.

We lack the 'conversion ratio' for each of visits to sales, and what percentage of sales by value or volume deliver a net profit to each site, but the figures suggest Myer is more than holding its own.

Interestingly Roy Morgan (long established market researchers) recently suggested MYR was the seventh most trusted brand in Oz, its ranking having increased. This is a great achievement since I gather RM surveys nationally, not just in Melbourne or Sydney.

Concerns remain about a recession (especially if a freespending Lbaor/Greens/fake "teals" government gets in on Saturday 21 May, though the polls are said to be tightening) as well as future interest rate rises, and ongoing supply chain problems such as container shipping delays and communist China city lockdowns, but MYR is trying to navigate these difficulties.