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
Olivia Wirth commenced as Executive Chair in June 2024 following her appointment to the Myer Board as an independent Non-Executive Director in November 2023. Olivia is driving the Company’s next phase of growth and is focused on delivering improved outcomes for Myer's valued customers, team members and all Myer shareholders. As part of this, she will continue to work with the executive team to shape our range and service vision, continue to deliver targeted improvements to stores and build and enhance our multichannel offeirng and leading MYER one loyalty program
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.