MELBOURNE, March 22 (Reuters) - Australian department store Myer will stop selling Apple Inc AAPL.O products due to the sales being unprofitable, operator Myer Holdings (MYR) said on Friday.
The decision will apply to Myer's department stores and online sales, it said.
"Myer has made it clear that it will not chase unprofitable sales and has made this decision as we could not reach acceptable commercial terms that were in the best interests of the Company and shareholders," a spokesman said in an emailed comment to Reuters.
News: MYR Australia's Myer department stores says to stop selling Apple products
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62.5¢ |
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Mkt cap ! $1.080B | |||
| Open | High | Low | Value | Volume |
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