Find in the news:

Australien department store chain Myer doubles its online sales

The closures caused the company to lose 27% of its shopping days, but it grew revenue.
Australien department store chain Myer doubles its online sales

Despite the country's strict restrictions, Myer, Australia's largest department store chain, reported a doubling in online sales over the past five months. Despite the closures, the company still increased revenues during the reporting period, writes Business of Fashion. 

The company's pre-holiday sales rose by more than 17% despite the Omicron spread along Australia's east coast. Consumer sentiment in Australia dropped 2% in January amid a more cautious approach to spending. 

As we witness Omicron's impact on sales after Christmas, we will continue to focus on growing our solid online business, enhancing our Myer One loyalty program, and disciplined spending and inventory management," King said. 

Over the past five months, online sales through Myer's channels grew 54.3% year over year. The retailer's overall sales mix includes 27.7% online, compared to 20.2% a year ago. 

The company's CEO also noted that despite the increased gross profits, the company faced rising business costs, including the government's reduction in business support programs. The retailer will publish full financial results for the first half of the year in March.

More about shopping malls in Australia

Mar 17, 2023, India:
The 22,000-square-foot store will be a tenant at Reliance Industries' Jio World Drive mall.
Mar 16, 2023, Spain:
Inditex Group's revenue for the past year added 18% to €32.6 billion, up 15% from 2019 before the pandemic.
Mar 16, 2023, USA:
Athletic brand Reebok has partnered with a department store chain to create exclusive apparel and footwear collections.
Mar 15, 2023, Germany:
The first phase of the chain's optimization will occur in the summer of 2023.
Mar 15, 2023, Sweden:
As part of its used-clothing project, H&M also offers its customers items from last year's collaborations with guest designers.
Mar 15, 2023, United Kingdom:
Irish multinational fast fashion retailer Primark has launched a series of initiatives to extend clothing life.
and Follow
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul
FAN Mallorca Shopping GLA:592 015 SF
ADDRESS: C/ Cardenal Rossel, S/N. 07007 Palma de Mallorca
Spain . Palma
FAN Mallorca Shopping
Designer Outlet Malaga GLA:322 917 SF
ADDRESS: 29004, Málaga, Spain
Spain . Malaga
Designer Outlet Malaga
Queens Place GLA:440 000 SF
ADDRESS: 88-01 Queens Boulevard Elmhurst, NY 11373
USA . New York
Queens Place

Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by administrator.


Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by administrator.

Sign in
Sign in please, if you already have an account


Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please. Team
Thank you for message!
In the near future you will be contacted the manager
for further details. Team
Good mall, bro!
In the near future you will be contacted the manager
for further details. Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details. Team

Write to us