The Business

Department store Myer has come under fire from it's biggest shareholder


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In a scathing assessment of the department store, billionaire Solomon Lew said old stock being sold on the floor of Myer "belongs to the Salvation Army".
It's another blow for the company which recently reported a big fall in profit and sales, with its share price now more than 80 per cent lower than when it floated on the stock market in 2009.
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The BusinessBy [email protected] (ABC News)