THE MYER STORY
About Myer
From the day Sidney Myer and his brother Elcon opened the doors at their first store in Bendigo in 1900, Myer has been the department store for all Australians — trusted for its quality, service and value.
More than 120 years and 56 stores later, this founding vision still guides us today.
Yesterday
Throughout our history we’ve been a reliable and familiar brand for Australians. We’ve also had some big moments, including the opening of the Myer Emporium in 1911, acquiring Grace Brothers, and merging with Coles in 1983 (the largest deal in Australian corporate history at the time).
In 2006, Myer was sold to a consortium controlled by US private equity group Newbridge Capital. Following this brief period of private ownership, the company was floated on the Australian Securities Exchange in 2009.
Today
Since 2018, John King has been Myer CEO and Managing Director. In this time, Myer launched its Customer First Plan, which has helped shape our range and service vision, delivered targeted improvements to stores and driven the growth and strength of our omnichannel offering with our online store. We have also enhanced our MYER one loyalty program to ensure an even more rewarding experience for our more than seven million digitally contactable members.
With customers at the centre of everything we do, Myer has remained Australia’s favourite department store, listed in the top ten most trusted brands in the Country by Roy Morgan.
Tomorrow
Looking to an even better future experience for our customers, we have leased a new state-of-the-art National Distribution Centre, which will utilise southern hemisphere leading technology to deliver a faster, more efficient and profitable way to meet the demands of our business online and in store.