Myer stores, do not have essential household items, children cots ,prams, buggy etc, in the early days Myer was a store ,had rugs, tv, furniture, beds, displayed in store, now mostly small items and clothing,, hence the share price a sad story. Hopefully with additional small stores from merger,
Business style can be changed. Incorporate big items, essential for the house. Be a display centre, to order. People don’t mind paying a bit extra.
I am an investor, and Myer has mostly clothes and accessories, even though have vast amount of floor space, addition of small stores should give management a better way to make use of floor space for house/family necessities. I hope this email finds its way to the management.
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