Myer might as well have a ‘renovator’s delight’ sign at the entrance to its stores but with a caveat – buyer beware.

The retailer has reigned for over a century as one of the most trusted retail brands in Australia and the leading department store group.

Today, Myer is in serious trouble and despite annual sales of more than $3 billion, its value has tumbled dramatically with its shares trading this week at a lowly 35 cents.

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