MYR board will have to show that they can do better than SM.......else they should lay down their weapons and let SL in the board and lead MYR...

https://www.copyright link/chanticleer/premier-shows-australian-retail-the-way-20210113-p56tq5

Premier shows Australian retail the way

Chanticleer is Australia's pre-eminent business column.

Jan 13, 2021 – 11.41am

Save

Share

It says a lot about the diverging fortunes of Premier Investments and the once great Myer department store chain that Premier's 2021 first half earnings are more than Myer's total equity capital and almost as much as its market capitalisation.

This would have been inconceivable a decade ago. The transformation of Premier into the country's leading retail fashion clothing platform and Myer's gradual demise are a stark reminder of the pressures on companies to constantly adapt.