Globalisation 103 - Myer

Another business that was under public scrutiny many years ago.

Myer made it to the television program A Current Affair, for selling their T-Shirts for $10.
That was NOT the issue. The issue was that the shirts were bought (from slave labour – China) for ONE dollar.

Myer justified this by saying that the product went through many distribution networks ( read SHELF COMPANIES ).

Profiteering (Customer rip off) at its finest.

Myer is one of Australia's largest employers, and had an employee base of approx. 90,000.

Later it became part of the Coles group, and the swallowing up of smaller companies began, thus eliminating competition.

There are only TWO retail GIANTS in Australia
Coles and the Woolworths Group.