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26/03/18
13:29
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Originally posted by aramalap2
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imo the only way the myr brand can exist is if it shuts all stores and goes fully online.
only then will they see their margins improve with reduced cost base.
its so easy to buy just about anything at click of a mouse these days.
they could have a few stores with display stock only signing up assisting new myr1 mbrs buy online dealing with customer orders enquiries
the retail landscape and economics has changed significantly since pe exited i doubt any be interested
those still holding only glimmer of hope sl t/o
mkt cap less 300m
got 10% stake for 100 might be tempted to ave dwn cut stake in half for some lose coin.
gltah
good some mbrs plse not get personal with each other its distracting from the conversation and interest here about any future myr might have going forward.
mods get on top plse.
cheers
A2
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I don’t think MYR will shut Down just more boutique size stores
Not everyone buys online I myself still like the in person browse touch feel try on expierience MYR gives
They definitely need to have a few mother of all sales tho why they didn’t pre Xmas is staggering
Might be life in MYR yet but on a smaller scale I think Myer will be around the Aussie landscape for many more years
Perhaps not in the giant multi floor barns they are now
Do you really need a champagne bar in the middle of a store !