Article: BRIEFING - ASIA RETAIL - JULY 31, 2009.

An executive briefing on retail for July 31, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

AUSTRALIAN RETAILER MYER CLOSER TO IPO ON IMPROVING CONFIDENCE

SYDNEY - Myer Group Pty Ltd says it is moving closer to a public float as financial markets and investor confidence improve and other major retailers agree the worst of the economic downturn is over for the Australian retail sector.

Speaking at a business lunch on Friday, the chief executives of Myer, grocery wholesaler Metcash Ltd (ASX:MTS) and hardware chain Bunnings said that ...

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