If Myer bombs this festive season,it will be Solly not Santa who will be coming down the chimney.
Retailers and landlords are on a collision course over who is responsible for managing the proof of vaccination process.
In refusing to deal with the kryptonite-like issue of mandating vaccines,the state government has thrown this hospital pass to the business owners.
Solomon Lew says his Premier retail has ‘not just survived but thrived’ and has amassed a war chest that would be the envy of the industry.
The retail billionaire,whose company owns chains like Peter Alexander,JayJays and Smiggle,has called on both shopping centre owners and the government to ban unvaccinated shoppers from malls.
Myer’s was not a champagne popping result but it was enough to provide hope that the company was emerging from its performance malaise.
Day after day,more undeserving recipients of JobKeeper payments are uncovered. The demonstrated avarice poses a credibility dilemma as companies now call on their workers to do the right thing in the pandemic.
Retailer Solomon Lew hasn’t abandoned his campaign to oust Myer’s management,he will regroup and try a knockout blow.
Billionaire retailer Solomon Lew has threatened to take legal action against the board of Myer if the company decides to pursue a capital raising.
Myer has its back against the wall but has come out swinging in its battle against billionaire retailer Solomon Lew with plans for a share placement.
A group of large retail shareholders in struggling department store Myer have raised concerns over billionaire Solomon Lew’s moves to depose the company’s board.