Articles On Myer Holdings (ASX:MYR)

At the start of each week I like to look at ASIC’s short position report in order to find out which shares are being targeted by short sellers. This is because I believe it is worth keeping a close eye on short interest levels as high leve...

Department store Myer (ASX: MYR) has today announced a four-week extension of its temporary store closures, but the news came with a silver lining. Following the Federal Government's social distancing measures, Myer has opted to keep its...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by selling stocks you do not actually own in the hope of bu...

At the start of each week I like to look at ASIC’s short position report in order to find out which shares are being targeted by short sellers. This is because I believe it is worth keeping a close eye on short interest levels as high leve...

At the start of each week I like to look at ASIC’s short position report in order to find out which shares are being targeted by short sellers. This is because I believe it is worth keeping a close eye on short interest levels as high leve...

Since the outbreak of the coronavirus pandemic, the Myer share price has plunged over 67%, valuing the company at just $115 million. Myer Holdings Ltd [ASX:MYR] released a business update last month in response to the COVID-19 pandemic... T...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by selling stocks you do not actually own in the hope of bu...

The S&P/ASX 200 Index (ASX: XJO) climbed 4.6% this week with volatility starting to calm down. Investors continue to fear the effects of the coronavirus on the domestic and global economy. Here are some of the highlights from the week:...

While Australians are not officially banned from leaving their homes, social distancing, business closures and travel restrictions make it difficult to do much away from there. Thankfully, there are ways to pass the time at home and these a...

So far in my ‘industries to avoid’ series, we have looked at the oil and gas industry and travel industry. To recap, oil stock prices have tumbled due to weak demand and the Russia versus Saudi Arabia supply war. Despite being a strong ben...

This S&P/ASX 200 Index (ASX: XJO) bear market we are currently enduring has seen ASX shares smashed across the board. Almost no sector has been spared at various points in time. We all know how brutally travel stocks like Qantas Airway...

As ASX retail shares continue to close stores, the latest round of government restrictions could sound a death knell for the retail industry, according to one economist. The already battered industry was struggling even before the coronav...

Many ASX shares have suffered immeasurably in this coronavirus pandemic that has gripped our lives here in 2020. From decimated travel shares like Qantas Airways Limited (ASX: QAN) and Flight Centre Travel Group Ltd (ASX: FLT) to already s...

Social distancing and travel restrictions are taking their toll on Australia’s retail sector. With shoppers choosing to stay indoors foot traffic has slowed dramatically as have sales. Fears around the spread of coronavirus have prompted...

The Myer Holdings Ltd (ASX: MYR) share price share price is on watch this morning following an announcement last week that its nationwide chain of retail stores will temporarily close due to the coronavirus outbreak. Stores to close till e...

Department store Myer (ASX: MYR) is the latest retailer to shut down in the face of strict gathering restrictions and government advice regarding Covid-19. To protect the wellbeing of customers, team members and the broader community, Mye...

Department store Myer (ASX: MYR) is the latest retailer to shut down in the face of strict gathering restrictions and government advice regarding Covid-19. To protect the wellbeing of customers, team members, and the broader community Mye...

The retail sector has been under strain with the spread of coronavirus reducing consumer confidence and impacting sales. Multiple retailers have been forced to withdraw guidance in the face of these headwinds. The recent market maelstrom...

Harvey Norman Holdings Limited (ASX: HVN) shares are down today despite a positive business update on how it has performed in the month to date, in light of the growing global uncertainty caused by the coronavirus pandemic. Harvey Norman h...

Whilst clearly there is more selling going on than buying this week, it’s nice to see that directors from many ASX companies are overlooking this short term volatility and looking at the bigger long-term picture. Three top ASX shares that...

The JB Hi-Fi Limited (ASX: JBH) share price was a top performer on the ASX last year, delivering an impressive 70% gain for shareholders. So, with JB Hi-Fi shares down 15% in the last 2 weeks, is now the time to buy this ASX retailer? How...

The Myer Holdings Ltd (ASX: MYR) share price is trading near an all-time low at 34 cents today after reporting a slump in first-half profits and sales. Statutory net profit after tax (NPAT) fell nearly 30% as the department store battled...

05 Mar 2020 - Retail giant Myer Holdings (ASX:MYR) has reported a 36.5 per cent drop in first half profit to $24.4 million.

Department store Myer (ASX: MYR) has shown promising signs in the first half of FY20, but its achievements were overshadowed by the exit of major brands and a disappointing performance in womenswear. Myer chief executive John King says a...

CDs, records, games and DVDs… it’s not what you’d call a recipe for retailing success in the 21st century. Yet that’s what retail king JB Hi-Fi Limited (ASX: JBH) is best known for selling (it’s even in the name!). Yesterday, JB Hi-Fi repo...

I think that Warren Buffett is one of the best investors in the world. He has mostly stuck to investing in the USA for a variety of reasons, but he’s missing out on some good ASX businesses. There are several growth shares on the ASX I thi...

Owning a company that has a high percentage of its shares held short is something worth digging a little deeper into. Since short sellers gain when the company’s share price falls, it will often indicate there is negative sentiment around...

There are a few different things that can really hurt your overall investment returns, some of them are hidden. We all know that choosing a poor-performing investment can lead to bad returns. Long-term investors in shares like AMP Limited...

There might finally be some good news for traditional retailers as they may have overcome the worst of the digital disruption. This disruption is personified by Amazon as the US online shopping titan landed on our shores two years ago. Whi...

I think one of the trends for the decade just past (the 20teens, for want of a better name) has been the rise of the phrase ‘retail apocalypse’. Technological change and advancement have throughout history brought both winners and losers....

Aussie clothing retailer Jeanswest has collapsed into voluntary administration. There are 988 jobs at risk after the group’s collapse, with administrators KPMG pointing to online competition and a “challenging Australian retail market”. So...

From Air Pods to Zuckerberg, technology has changed the way we experience the world in a blink-and-you’ll miss it fashion. So as we head into the roaring twenties, it seems our retail sector is next in line for a digital makeover. By 202...

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Friday. Here’s a short recap of the Australian market: S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.83% to...

Retail sales rebounded strongly in November 2019, with retail turnover lifting by 0.9%. The rise in sales was well ahead of economists’ expectations of 0.4% growth, and the strongest growth recorded in 2 years, according to the Australian...

Modest growth in retail spending is predicted in 2020, keeping pressure on for retailers after a difficult 2019. As reported in the Australian Financial Review (AFR), the Australian Retailers Association expects spending to rise 2.4% to 2....

The Reject Shop Ltd (ASX: TRS) share price was an unexpected winner last month, capping off 2019 with a 68% share price rise. TRS shares started December at $2.03 but finished the year off at $3.41 – a monthly gain of 67.98%. Today, the Re...

According to the most recent Westpac Banking Corp (ASX: WBC) Weekly economic report, things could get tougher for savers and income investors in 2020. This is because Australia’s oldest bank is tipping two cash rate cuts and quantitative e...

ASX retailers rely on the Christmas season for an uplift in sales to tide them through to the year. This year, however, there are signs that the Christmas spending season has been replaced by the Christmas saving season, which could spell...

Retailers are expected to buck the negative sentiment surrounding December sales, with the National Retail Association forecasting that a record breaking $2.6 billion was going to be spent on Boxing Day yesterday. The Christmas trading per...

There are signs that the ASX retail sector could be having a bit of a dull Christmas retail period after the exciting Black Friday and Cyber Monday sales almost a month ago. According to reporting by the Australian Financial Review, retail...

The Scentre Group (ASX: SCG) share price is pushing higher in afternoon trade. The shopping centre-focused property group’s shares are up almost 1% to $3.88 at the time of writing. Why is the Scentre Group share price pushing higher? Inves...

The Department Store market in Australia has long been dominated by just two names – Myer and David Jones. Offering a one-stop shopping destination for fashion, homewares and just about everything else, Australian consumers loyalty spent th...

In this article, we are discussing six companies from the consumer discretionary sector. Black Friday has just passed, and officially, the festive season has started. However, the Westpac-Melbourne Institute Index of Consumer Sentiment for...

One of the toughest industries to make any decent money is retail. Local suburb shops are really struggling and large ASX retail businesses aren’t finding it much easier. According to reporting by News.com.au, yet another retailer has gone...

Retail sector is said to be sensitive to the economic booms and busts due to its very nature of consumer-focused offerings and services. It is also one of the most dynamic and constantly evolving sectors, credited to the fast-changing consu...

It’s definitely a good sign when a big name investor gets behind a company and this week Stephen Copulos has decided to drop some cash on gold miner Middle Island Resources (ASX:MDI). Copulos is best known for his holdings in Myer (ASX:MYR)...

The Afterpay Touch Group Ltd (ASX: APT) share price is up after the leading buy now, pay later company gave an update for the four months to 31 October 2019 during its annual general meeting. As you might expect from Afterpay, there was a...

The Afterpay Touch Group Ltd (ASX: APT) share price has been volatile following the release of a business update ahead of annual general meeting. In morning trade the payments company’s shares surged as much as 10% higher before giving bac...

With the S&P/ASX200 (ASX: XJO) index yesterday closing at 6,697 points (just shy of the all-time high hit in July), it’s safe to say we are seeing stocks at robust and healthy valuations across the board. Although for anyone with a hea...

Introduction This year the Reserve Bank of Australia (RBA) has cut the interest rates thrice and there is an anticipation for it to be cut again for the fourth time. Therefore, the current cash rate is at a record low of 0.75%, the cash dep...