The Gold Coast Bulletin

Myer stores facing chop

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MYER has warned 19 stores are at risk of closing or shrinking if their performanc­e does not improve.

The struggling department store chain provided the latest outlook on its fleet of 63 stores at a strategy day yesterday, where it cut its sales and profit targets and warned sales had fallen.

It says it will push ahead with creating more “unique experience­s” to attract shoppers and keep them in stores longer.

Among them, it will trial a children’s play centre in Melbourne and roll out pop-up food offerings.

Myer did not name stores in danger of closing. the

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