I dont think Myer was losing sales to Amazon anyways. Myer has been growing online sales just like the rest.
What Amazon does wont change Myer store sales, Myer online sales IMO arnt affected in whatever Amazon does.
Myer sells Myer stuff,
Amazon sells Amazon stuff.
So its neither a bullish or bearish factor in what Amazon does, Unless Amazon opens shops next to Myer stores and I cant see that happening.
Problem for Myer is Store sales and getting feet walking into all MYR stores rather than just the City shops.
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