Myer has announced a second business update in relation to COVID-19.
In line with other major retailers such as Premier Investment, it will extend its store closure period until May 11.
The move follows a Government announcement that social distancing measures will remain for a further four weeks.
Myer will closely monitor government measures and advice over the coming weeks, with a view to reopening stores as soon as possible.
The reopening of stores may occur on a staged basis, taking account of applicable conditions and government measures across different states and localities.
Myer will continue to operate its online business (myer.com.au) during the temporary store closure period.
Myer reported an 800% overall growth in eCommerce sales during a recent Easter sale.
Online fulfilment is now occurring at 26 locations across the store and distribution centre network.
This has resulted in approximately 20% of team members being asked to return to work to support online fulfilment.
Myer CEO John King said he is continuing to take all necessary measures to minimise costs, including engaging in ongoing discussions with suppliers and landlords.
“The decision to extend the period of temporary closure of all physical stores was extremely tough, but it is reflective of our continuing focus on operating our business in a manner that protects the health and wellbeing of customers and team members, whilst supporting the government efforts to limit the spread of COVID-19 through stay at home directions and other social distancing measures.
“The strong growth in the online business during the past few weeks has been particularly encouraging.
“Our plans for reopening our physical stores are well advanced and we look forward to welcoming customers back into stores, when it is safe to do so."
As a result of the extension to the closure period, the majority of team members will remain stood down during this period.
Myer has applied to participate in the Australian Government’s JobKeeper payment subsidy scheme.
