Business

The last straw for Solomon Lew was an email from Myer chairman Paul McClintock.

The email that turned Solly Lew against Myer

Solly Lew was granted half an hour with Myer chairman Paul McClintock in October after trying to see him since May. It turned out to be the final straw for the Premier Investments boss.

Myer said it would close stores in Colonnades in Adelaide, Belconnen in Canberra, and Hornsby in northern Sydney.

Is New Myer just the old Myer with lip gloss?

Only two years into the making of New Myer, its architect Richard Umbers is in strategy redesign - or as he would characterise it , refinement - as the business has fallen behind on its ambitious targets.

Myer said it would close stores in Colonnades in Adelaide, Belconnen in Canberra, and Hornsby in northern Sydney.

More stores to close as Myer profit tumbles 80%

Myer says it will close more stores in what it expects to be another difficult year after its bottomline profit tumbled 80 per cent due to writedowns on the value of some of its fashion brands.

Administrator FTI Consulting 's John Park has  received a deed of company arrangement that would see SurfStitch  relist ...

SurfStitch administrators weigh up relisting

SurfStitch, the victim of one of the most memorable stock market wipe-outs in recent years, could soon be trading on the ASX again under a plan hatched by a mystery company insider that it being considered by administrators.

Small Business