Department stores fight a losing battle
Sep 15, 2013 (The Australian Financial Review - ABIX via COMTEX) --
Department store group Myer is using new strategies to battle competition from online and overseas rivals. CEO Bernie Brookes said that a new distribution centre for the online store will make it profitable. He said that shipping goods direct to customers will lower costs. Brookes said allowing customers to buy through multiple channels will improve sales.
Publication Date: 16 September 2013
MYER HOLDINGS LIMITED - ASX MYR
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