Myer IT chief Richard Umbers promoted to CEO
Myer’s chief information and supply chain officer, Richard Umbers, has been promoted to CEO and managing director, following Bernie Brookes' retirement, the retail group announced on Monday.
Myer’s chief information and supply chain officer, Richard Umbers, has been promoted to CEO and managing director, following Bernie Brookes' retirement, the retail group announced on Monday.
Myer (ASX:MYR) reported falling revenue and underlying profit in FY11, and predicted a further profit drop in FY12, but said it was encouraged by growth in online sales
Myer Holdings (ASX:MYR) has blamed natural disasters, cautious consumer spending and price deflation in the electrical category for a 2% decline in sales for the third quarter
Shares in department store operator Myer (ASX:MYR) grew 3% on Thursday, even while the company warned it expects profit to decline in the second half