Given that article mentioned MYR, one key difference is that MYR has significantly grown its online sales with these now accounting for 25 per cent of total sales.
In the Melbourne CBD, TRS shut its Bourke St Mall store that I used to regularly purchase from. Despite the arrogant incompetence of the Victorian Andrews Government, unmatched in Australia (though Qld and WA come close), MYR has kept its flagship CBD store, also in the Bourke St Mall, as has API's Priceline.
It would have been preferable for TRS to try to negotiate a rent holiday or big reduction (although I don't know if it was unable to have the landlord agree).
TRS Price at posting:
$5.92 Sentiment: None Disclosure: Not Held
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