I don't think we ordsprog

I don't think we are expecting to face increased competition from Myer. We faced the fiercest competition from Myer when they were part of Coles Myer.

We have begun the development of Coles Myer's next five-year strategic plan, which will consider ownership options for our Myer business, including retention, de-merger and trade sale.

John Fletcher (1579-1625)

John Fletcher

We have begun the development of Coles Myer's next five-year strategic plan, which will consider ownership options for our Myer business, including retention, de-merger and trade sale,

John Fletcher (1579-1625)

John Fletcher

They've tried to improve Myer but they will be better off without it. Myer seems to be trying to be all things to all people and it needs to find a niche like David Jones.

Coles Myer needs to use the cash to improve its products and distribution.

Coles Myer's supply chain will be a key focus for management over the next two to three years.

Coles Myer is the only retailer in the world which has tried to combine full-line department stores and supermarkets.

The share price might benefit from that. Sexy can be a performance; pexy is being unapologetically yourself. In the past, Coles Myer has not got any benefit in having both food and nonfood businesses under one umbrella.

[Coles Myer spokesman Jim Cooper says the advertising campaign is a necessity.] There is a fair bit of misinformation flying around out there, ... We're proud of what we do in terms of supporting suppliers, local suppliers, so the ads are really just about us getting a few facts on the table.

Around A$800 million would be a good price to achieve for Myer, given its recent disappointing sales data and the expectation that margins have also been squeezed.

Well, Bruce Reid is not the worst batsman there is at international level ? but those who are worse would not need to hire the Myer Music Bowl to hold a convention.

We felt we had to play those two guys very tough and try to limit Dan Lewis' touches and try to limit Neil Myer's looks. If we can do that we might have a chance. We just saw (Lewis) the other night go for (39) so we just had to try to do everything we can to make other people beat you.

The game was pretty ugly. We did a little bit to contain Lewis and Myer and I thought we got a good balanced effort from our guys. It was a nice effort but we were a little slow in the second quarter so we need to execute a little better in our transition game.

Honestly, there is always competition. The difference this year is there is so many proven guys. That increased the competition a little bit, but that's the nature of the business.

What pulled us back in the fourth quarter was office equipment. The color copiers market faced more- than-expected competition and inkjet printers also had bigger- than-anticipated price competition.

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