I read in the AFR some months ago that Myer was very close to inking a deal on rent reductions but I'm not sure what materialised on that front. Agreed that rent reductions are critical in current environment. I will be reviewing their investor presentation closely to see what they've been able to negotiate on this front and what their plans are for store / space reductions and expanding the online business.
MYR Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)