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Myer is reporting strong online sales growth, despite total sales dropping by 13.1 percent in its HY results for FY21.
Myer shareholder, Premier Investments, has responded to the announcement of Garry Hounsell's retirement as Chairman of Myer Holdings Limited ahead of the Annual General Meeting, saying their 'time is up'.
Premier Investments is requesting a copy of both Myer's register of members and the register maintained by Myer, following a letter criticising the retailer's FY20 results.
Myer has responded to a letter from veteran fund manager, Geoff Wilson, to shrink its board amid a dip in total sales in FY20.
Australia Post and Myer are working side by side in a three-year partnership to bolster online sales as its physical offering shrinks in size.
Myer (MYR: ASX) has released its HY20 results, with a mixed bag of positive and negative outcomes of the last half-year.