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.