Battle lines drawn for bitter boardroom stoush at Dan Murphy’s owner Endeavour

Battle lines drawn for bitter boardroom stoush at Dan Murphy’s owner Endeavour

Former Woolworths bosses and Endeavour’s largest shareholders are at odds with the company about the direction of its business.

  • byEmma Koehn,Elizabeth Knight andAmelia McGuire

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Myer is reporting the best sales in 18 years. But can it thrive in a cost of living crisis?
Analysis
Retail

Myer is reporting the best sales in 18 years. But can it thrive in a cost of living crisis?

The retail behemoth survived COVID-19 and bounced back to profit. As senior executives prepare to leave,the 123-year-old retailer faces its next challenge.

  • byEmma Koehn
Spring fashion and suitcases:What shoppers are buying at Myer

Spring fashion and suitcases:What shoppers are buying at Myer

The department store owner saw its profit jump 23 per cent in financial year 2023,but things are getting harder in the cost-of-living crunch.

  • byEmma Koehn
Lew owns a big enough stake in Myer. When will he take charge?
Opinion
Retail

Lew owns a big enough stake in Myer. When will he take charge?

There is not a lot of fight left in the department store’s board of directors,and billionaire Solomon Lew knows it. The decision about who runs the company is his for the taking.

  • byElizabeth Knight
Why Premier Investments break-up won’t be Solly Lew’s last deal

Why Premier Investments break-up won’t be Solly Lew’s last deal

It’s a weakness for retail billionaire Solly Lew,one which he identified in himself:the desire always for one more deal.

  • byAnne Hyland
Retail billionaire Solomon Lew presses the deconstruct button

Retail billionaire Solomon Lew presses the deconstruct button

The stalwart retailer’s plan to give birth to a litter of retail companies displays a whole new level of boldness.

  • byElizabeth Knight
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‘Deeply pessimistic’ consumer confidence weighs on ASX

‘Deeply pessimistic’ consumer confidence weighs on ASX

The local sharemarket closed flat on Tuesday as Myer revealed its sales growth has practically ground to a halt,and consumer confidence data showed sentiment continued to worsen.

  • byMillie Muroi
Why taking the top job at Myer could be a career killer
Opinion
Retail

Why taking the top job at Myer could be a career killer

Myer’s largest shareholder,Solomon Lew,is now the company’s kingmaker. And in this case,(John) King replacer.

  • byElizabeth Knight
Myer shares dive as customers shut their wallets

Myer shares dive as customers shut their wallets

Australia’s biggest department store Myer says its sales growth has almost ground to a halt over the past six months as consumers feel the cost-of-living crunch.

  • byEmma Koehn
Department stores take hit from national belt-tightening

Department stores take hit from national belt-tightening

Living costs are making trading conditions tough,but the boss of DJs hopes the consumer outlook will lighten.

  • byEmma Koehn
As Myer and the Melbourne Cup part ways,there’s still hope for race day fashion

As Myer and the Melbourne Cup part ways,there’s still hope for race day fashion

Australia’s biggest horse race may have found itself without a fashion sponsor,but trackside style could be the ultimate winner.

  • byMelissa Singer