Online sales growth at the expense of store sales doesn't mean a lot to me unless the target was to become online only. How much of this online growth is from outside the MYR universe?
Myr will never compete with purely online structures like KGN etc. Not without a complete upheaval of the company effectively just keeping the name.
However MYR has future potential by managing the in store demographic which will always be there.
I wonder how many of my local lady neighbours meet up together have a cup of coffee talk about the kids (and hubbies) etc then sit down together around one of their computers and buy stuff?
MYR Price at posting:
47.8¢ Sentiment: None Disclosure: Held
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