Blacktown railway station to Penrith station can be as little as 22 minutes if one catches a Blue Mountains intercity set or another express available for suburban travel, and then at maximum it's an easy eight minute walk to Myer Penrith.
That's a short amount of time compared with the time and distances many who live near rural cities have to drive or use public transport to reach.
Retailers have to adapt. If MYR believes it has too many physical stores, closing one may be the correct strategy.
MYR Price at posting:
40.0¢ Sentiment: None Disclosure: Not Held
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