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March 19 (Reuters) - Australian department store owner Myer (MYR.AX), opens new tab on Wednesday posted lower interim earnings, citing logistical challenges at a distribution centre in Victoria ...
“Despite challenging trading conditions in a tough macro environment and complications experienced at our national distribution centre, Myer traded well throughout the all-important Black Friday ...
She has also had to contend with a misfiring national distribution centre that is not fully functional and has robbed Myer of millions of dollars in lost profit in the first half. Nonetheless ...
The second problem is specific to Myer: the establishment of a new national distribution centre in Melbourne, which has gone badly off the rails. The decision to build the distribution centre was ...
Myer’s net profits for the first half of the fiscal year declined 18.5 per cent to $42.4 million. About $8 million of this was attributed to the distribution centre issues. This time last year ...
Myer executive chairman Olivia Wirth is battling problems with a new distribution centre in Victoria. Eamon Gallagher “We don’t really get clear air because the trade conditions are so tough.
Picture: NewsWire/ David Crosling “Despite challenging trading conditions in a tough macro environment and complications experienced at our National Distribution Centre (NDC), Myer traded well ...
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