Myer boss Bernie Brookes says he is confronted with the challenge facing his business every night when he arrives home to find that his son has bought from an online store, “something which he should have bought from Myer”.
Bernie brookes
Hey ASIC, try these fluff-filled prospectuses
The Australian Securities and Investment Commission’s commendable move yesterday to tackle glossy retail prospectuses (prospecti?) inspired Crikey to examine some of the more egregious examples of fluff and bubble when corporates raid the wallets of middle Australia.
The idiocy that is the retail billionaire tax champions
The recent $200,000 PR blitz by retailers has fallen as flat as their pre-Christmas sales.
Top-value CEOs — here’s five of the very best
While we often focus on executive excess and the all-too common scenario of shareholders not getting value for money from their well-paid CEOs, today, we list Australia’s five best-value chief executives.
Myer over-priced as shareholders find out the hard way
The most surprising aspect of last year’s float of Myer was not that its performance has been horrid, but rather, than anyone thought buying a department store business from a private equity firm would be a good idea.
Tips and rumours: Tips and rumours: Why Bernie Brookes will be sweating at today’s Melbourne Cup
Myer’s Bernie Brookes has a hard day ahead, University of Sydney splashes its cash about, is The Spearman Experiment about to be axed? And trouble on the high seas abord the HMAS Stuart.
Myer float damns former management
This is a continuing and dreadful indictment of the former leadership of Myer and its parent company Coles Myer, writes Rob Lake.
Myer takes new product to market: itself
For potential investors in Myer’s float tomorrow one question remains: will private equity firm TPG retains shares? They will look for a show of faith to overcome concerns about the chequered history of such deals, says Elizabeth Knight.
Bernie Brookes: Myer still firing
Myer chief executive Bernie Brookes tells Business Spectator that he rejects the federal government’s changes to workplace law.
