
Households feel the squeeze, but still find cash to spend at Myer
Shoppers have been spending big at Myer, despite rising interest rates squeezing household budgets, with the department store chain announcing a significant jump in profit.
Shoppers have been spending big at Myer, despite rising interest rates squeezing household budgets, with the department store chain announcing a significant jump in profit.
Premier Investments boss Solomon Lew has called on shopping centre owners to take more responsibility for coronavirus safety and check visitors on entry.
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Premier Investments, the owner of chains such as Peter Alexander and Just Jeans, has announced a new retail CEO after incumbent Mark McInnes decided to step down.
Retailer Premier Investment’s first-half earnings have increased by between 75 and 85 per cent as online sales surged by more than $50 million.
Solomon Lew has staged a remarkable turnaround in a year of record-breaking events for Premier Investments.
Solomon Lew’s Premier Investments has threatened widespread store closures if landlords did not cut rents.