{"id":89833,"date":"1999-12-31T00:07:00","date_gmt":"1999-12-30T13:07:00","guid":{"rendered":"http:\/\/smartoffice.com.au\/myer-up-0-5-calls-in-big-spenders\/"},"modified":"1999-12-31T00:07:00","modified_gmt":"1999-12-30T13:07:00","slug":"myer-up-0-5-calls-in-big-spenders","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/1999\/12\/31\/myer-up-0-5-calls-in-big-spenders\/","title":{"rendered":"Myer Up 0.5%, Calls In Big Spenders"},"content":{"rendered":"

Slight rise for high street retailer as it calls in the big spenders<\/p>\n

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Myer reported third quarter sales of $652.5million, up 0.5% on last year. <\/p>\n

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On a comparable basis, sales for the thirteen weeks to 27 April<\/span> rose<\/span> 0.4%, marking the “fourth consecutive quarter of positive comparable store sales growth,” Myer said in a statement.  <\/span><\/div>\n

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However, Bernie Brookes CEO remains cautious, alluding to<\/span> “external factors influencing consumer confidence.”<\/span><\/div>\n
<\/div>\n
Key categories were Menswear, Cosmetics, Womenswear, and Childrenswear during the quarter, with no mention of homeware or electronics.  <\/span>Exclusive Brands and concessions continued to grow. <\/span><\/div>\n
<\/div>\n
The best performing states were Victoria, Queensland and New South Wales, although boom state Western Australia was not included in the list.<\/div>\n
<\/div>\n
Hey Big Spender<\/b><\/div>\n
<\/div>\n
However, CEO Bernie Brookes remains cautious about the outlook for retail, but talked up its omni-channel efforts and the ‘<\/span>five-point strategic plan’ which includes a new <\/span>MYER one <\/span>loyalty scheme for big spenders. <\/span><\/div>\n
<\/div>\n
“Notwithstanding the external factors influencing consumer confidence and discretionary spend, we remain focused on executing our well-established five-point strategic plan, and continue to make progress on all five pillars. <\/span><\/div>\n

<\/span><\/div>\n
“These are improving customer service, enhancing our merchandise offer, optimising our store network, strengthening our loyalty program and building a leading omni- channel offer”.<\/span><\/div>\n

<\/span><\/div>\n
This month, Myer’s 2,000 biggest MYER one <\/span>spenders were invited to join the<\/span> new ‘platinum tier’ of its loyalty program. <\/span><\/div>\n
<\/div>\n
Myer says building its omni-channel offer is a major “priority” alluding to its new order management system that will deliver productivity benefits to the business and consumer.<\/div>\n
\n
<\/div>\n
Myer is also refurbishing three of its 20 stores in Queensland, Adelaide and Miranda, New South Wales.<\/div>\n
<\/div>\n
Myer said its newest store opened in Shell Harbour, New South Wales earlier this month, with a “very positive response” from customers.<\/div>\n
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