Westfield’s $3.3 billion incentive to ‘crush’ Myer in deadly pincer move

Westfield’s $3.3 billion incentive to ‘crush’ Myer in deadly pincer move

NEWS.COM.AU | Myer is likely to be “crushed” in the not-too-distant future by a deadly “pincer move” in part orchestrated by the embattled department store’s own landlord, an equities analyst has warned. Daniel Mueller from Vertium Asset Management has likened Myer’s situation — and potential competition from Westfield owner Scentre Group — to that of struggling US […]

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01, March 2018
Australian equities | Australian shares
Myer: Winter is coming

Myer: Winter is coming

DANIEL MUELLER | What do Amazon, Buffett and Sydney CBD retail have in common? You know about Amazon and its potential to destroy retailers. While Amazon’s Australian launch last December was somewhat underwhelming, one could consider it a ‘soft’ launch. Whether it’s next year or next decade, odds are Amazon will get its offering right. […]

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27, February 2018
Australian equities | Australian shares