underpins

Online growth underpins strong full-year sales and profit for Myer

E-commerce Department store chain Myer says its online channels have returned to growth, helping fuel its highest full-year sales since 2005 this year. “Our multi-channel offer is a key strength of these results as we capitalised on customers returning to stores after closures in the prior year, underpinned by our leading customer loyalty proposition in Myer One,” said John King, CEO. The company’s total sales grew 12.2 per cent to $3.36 billion in FY23. Its online business achieved revenue of…

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