Why doesn't MRL sell its non-profitable division which I think is the apparel division. They should increase their marketing and advertising. They don't do anything like what Kmart, Target and Big W do.
The Millers Retail clothing stores are tailored to the older fashion market. Isn't Australian an ageing country. But I suppose they have competition from the other retailers.
I believe it is another CML - CML had big troubles a few years ago and look at them now.
I am a holder still for the long term.
had a look at the accounts - not good at all, page-19
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