- CEO
- Olivia Wirth
- Full Time Employees
- 15,000
- Sector
- Retail trade
- Industry
- Department stores
- Address
- 1000 La Trobe Street Docklands VIC Australia 3008
- IPO Date
- Nov 2, 2009
- Business
- Myer Holdings Limited (MYR.AX) operates as Australia's leading department store retailer, offering a broad range of merchandise through approximately 56 physical stores across Australia and an online platform at myer.com.au. The company provides core product categories including womenswear such as dresses, tops, pants, skirts, swimwear, jackets, coats, lingerie, sleepwear, shoes, handbags and accessories; menswear encompassing clothing, footwear, underwear, sleepwear and accessories; childrenswear; beauty products comprising fragrances, cosmetics and hair tools; homewares such as bedroom essentials, towels, dinnerware, cookware, cushions and décor; electrical goods including coffee machines, air fryers and vacuums; toys; and general merchandise. Myer sources private label products from 243 suppliers across 11 countries and operates subsidiaries including sass & bide, Marcs, David Lawrence, NB Elizabeth Pty Ltd and Warehouse Solutions Pty Ltd.
Founded in 1900 by Sidney Myer and headquartered at 1000 La Trobe Street in Docklands, Victoria, the company primarily serves middle-market consumers in Australia, with select operations extending to New Zealand through its store network and online channels.
In recent strategic developments, Myer progressed a proposed merger with Premier Investments Limited's Apparel Brands business—including Just Jeans, Jay Jays, Portmans, Dotti and Jacqui E—in early 2025, following shareholder approvals in January 2025 to enhance scale, synergies and market position across over 750 stores in Australia and New Zealand. The company also completed refinancing of a $150 million debt facility, yielding annual finance cost savings of approximately $11 million, and advanced restructuring of its sass & bide, Marcs and David Lawrence (SBMDL) brands while investing $32 million in a National Distribution Centre (NDC) primarily in FY26 for operational efficiencies. These initiatives form part of Myer's FY25 transition strategy to reset operations amid macroeconomic challenges, supporting targeted store refurbishments, beauty section enhancements and loyalty program growth.