MYER CLOSES STORES ON SLUGGISH SALES, FY PROFIT DROP
Written on the 14 September 2017 by Ben Hall
DEPARTMENT store giant Myer (ASX: MYR) has confirmed it is struggling to turn around sluggish sales amid weak consumer spending and "discount fatigue" with a 1.4 per cent drop in net profit for the full year to $67.9 million.
Business News Australia
Author: Ben Hall