MYR 1.52% 97.0¢ myer holdings limited

Ann: Trading Update for FY21, page-19

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  1. 10,782 Posts.
    lightbulb Created with Sketch. 1423
    Agree, but with the ACT, Greater SYD and surrounds, and Greater Melbourne in lockdown, plus Newcastle NSW, the Lower Hunter and Upper Hunter Valley, Dubbo and I think Tamworth still in lockdown, it's difficult for MYR. Stores in all these areas are only open for 'Click'n'Collect'.

    More than 79 per cent of sales are in physical bricks-and-mortar stores, not online.

    According to Alexa, visitation to the MYR website is again rising (as one might expect) but surely during lockdowns MYR (and other retailers) lose many sales on a net basis.




 
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