(Australia) - 13, April, 2007
Myer is planning to open more department stores after
posting a first-half net profit of AUS$57 million.
The company, which was divested from Coles Group and bought by a private
equity-led consortium last year, announced that total sales were up 4.8 percent
to AUS$1.8 billion.
Chief Executive, Bernie Brooks, said the company will increase its stores
from 60 to 75. (13 April, 2007)
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