Australia's Myer takes cautious outlook

05/21/2013 | Wall Street Journal, The

Australia's biggest department store chain booked a 0.5% rise in third-quarter same-store sales, marking the fourth consecutive quarter of growth. Myer Holdings executives and other Australian retailers continue to temper their good news with caution as consumers continue to belt-tighten amid concerns about global economic uncertainty.

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Wall Street Journal, The

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