Q+A: What went wrong at Myer

As the economy starts to improve, most of the discretionary retailers are picking up too. But not all of them - yesterday department store Myer announced a 30pc drop in profit, sending its share price down 25pc. So what's gone wrong for Myer, and why are other retailers surging when it's going backwards?Sean Aylmer is joined by Roger Montgomery, founder and Chief Investment Officer at Montgomery Investment Management.This is general information only. Seek advice before making investment decisions.Fear & Greed Q+A: Join Sean Aylmer & Michael Thompson and the team as they answer questions on business, investing, economics, politics and more. If you have your own question, get in touch via our website, LinkedIn, Instagram or Facebook.Join our free daily newsletter here.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.