Once up on a time Coles-Myer was Australia’s largest corporation — what would happen if they gave it another shot?
Long ago, Coles and Myer were star-crossed lovers. Now, after long and winding paths, they're both single again, and more than a little bruised by life.
The two retailers were a single entity between 1985 and 2006, but now find themselves floating round the ASX without a conglomerate to keep them warm at night. They were Australia’s largest corporation -- do they ever look back on that time and dream of what might happen if they gave it another shot?
Myer has been on a long, slow journey to fashion irrelevance. A former Myer executive says it can be saved -- but current boss Bernie Brookes is probably not the man for the job.
Revisiting the unaccountable Australian corporate landscape
Many of the leading directors who signed off on some of the decade’s worst deals still remarkably remain leading corporate figures.
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.
Petrol pricing move likely to backfire on the major retailers
Whilst shopper docket schemes at Coles and Woolworths have been considered pro-competitive up to now, the ACCC are now looking a bit more closely.
Are you being sacked? Myer’s cost-cutting casualties
The roots of the current Myer staffing crisis have a long history in the soulless managerialism that has infested this once proud family firm, writes Andrew Crook.
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