A Contrarian Buy, page-116

Sadly articles like these prove that the problem is Myer / its offerings / its strategies etc etc ..... other retailers have filled the same space in a closed Myer location and had sales 4 times Myers annual sales figures in that very location ? Get Paul Zahra or similar in NOW ...


https://www.theaustralian.com.au/bu...t/news-story/469d80f0a401bef9c62cd4408e040087
_{Scentre profit surges as value of malls lift}

Department store group Myer, which has 23 stores in Scentre’s malls, has previously said it will close at Westfield Hornsby in Sydney and Belconnen in Canberra.

Scentre had replaced Myer at its Sydney Hurstville mall with retailers such as Cotton On, JB Hi-Fi, Woolworths and Big W, which had sales of more than $100m a year compared with Myer’s $22m-$25m, Mr Allen said.