The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Shaun Robert Cousins - UBS Investment Bank, Research Division - Analyst
: Just some questions maybe on online, obviously, -- just around online, just it seems quite clear that the omnichannel players are doing rather well,
and you guys are doing quite well within that. Can you maybe just sort of talk through just the growth rate you're enjoying? How much of that is
-- is it faster for your own product, not so much MEBs, but particularly product that's in store versus third-party product that's not sold in stores?
Question: Shaun Robert Cousins - UBS Investment Bank, Research Division - Analyst
: Great. And maybe just in terms of the supply chain, and this is sort of looking forward around once you get your supply chain sort of optimized
there. Just how are you picking products now in terms of store versus sort of centrally and maybe sort of what does that mean maybe for the online
margins that you generate relative to store generated sales, please?
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MARCH 09, 2022 / 10:30PM, MYR.AX - Half Year 2022 Myer Holdings Ltd Earnings Call
Question: Shaun Robert Cousins - UBS Investment Bank, Research Division - Analyst
: And John, does that also sort of help manage markdowns because you can case product that's still at the NDC as opposed to saying, "guys, I'm
stuck with a product in store x that we have to markdown?"
Question: Shaun Robert Cousins - UBS Investment Bank, Research Division - Analyst
: Helpful. And just finally, so fuel prices are going up for consumers. Just how do you see more generally consumers that shop at department stores
react to rising sort of costs of essential items such as fuel there? Just curious around your experience, how you've seen that sort of play out and
even any comment how you're seeing as fuel prices hit $2 a liter, any sort of impact? Is there a sticker shock or anything that you're seeing, please?
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