Friday 14 December 2012

Myer Calls For More Flexibility For Retailers

At the company’s AGM on 8th December, Myer’s Chairman called for greater productivity and flexibility as Australia’s retail sector comes under threat from online competitors. He also blamed the cost of doing business for the department stores poor performance.

Several retailers including Harvey Norman have called for more flexible wage arrangements,  lowering of the GST threshold on goods purchased overseas, and improvements in Australia’s parcel handling and recording procedures.