Myer

Australian department store chain

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October 2024 Myer announced a deal to buy Premier Investments' Apparel Brands division, issuing new shares worth $863.78 million. Solomon Lew will join the Myer board as a non-executive director, pending shareholder approval.
March 16 2023 Myer announced it would not renew its lease at the Brisbane Queen Street Mall location after 35 years of continuous operation, planning to seek a new CBD location.
December 4 2020 Myer Belconnen reopened to two floors after previously being considered for closure.
March 27 2020 Myer announced temporary closure of all stores due to the COVID-19 pandemic, standing down over 10,000 staff members, effective from 29 March 2020.
January 13 2020 Myer's Hornsby, Sydney location closed, leaving 60 store locations.
2018 Jennifer Hawkins, who had been the 'face of Myer' for 12 years, departed from her long-serving role with the department store.
2017 Myer announced it would cut 20% of its overall footprint by reducing floor space, closing stores, and introducing Clearance Floors in multiple locations across Australia.
2017 Myer ended its partnership with GE Money (now Latitude Financial Services) and relaunched their store credit card programme with Macquarie Group.
April 2017 Myer acquired two fashion brands—Marcs and David Lawrence—after they were placed in voluntary administration.
November 2015 A new 8,797 sq m, five-level Myer store reopened in Hobart, replacing the fire-damaged building from 2007.
September 2015 Myer announced a $221 million capital raising as part of a strategic review.
March 2015 Long-serving CEO Bernie Brookes announced his departure from the company.
January 2014 Myer made a non-binding indicative proposal to purchase and merge with David Jones, estimated at $3 billion, which was initially rejected in November 2013.
October 2013 Myer purchased the remaining 35% of Sass & Bide for $30 million.
October 2012 A Myer store opened in Townsville centre after previous delays in land acquisition.
April 2011 Myer's national flagship store in Bourke Street Mall, Melbourne, officially opened after a $300 million redevelopment.
January 2011 Myer purchased a 65% stake in Australian women's fashion label Sass & Bide for A$42.25 million.
2010 Myer opened a store in the redeveloped Top Ryde City in northern Sydney.
2010 Myer re-developed its Bourke Street mall store, which became the company's new flagship store. The head office moved to a new site in Docklands, and the historic Lonsdale Street store was officially closed.

This contents of the box above is based on material from the Wikipedia article Myer, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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