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In September 2010, Myer stated there were 3.7 million members and five million cards in circulation. Of these, over 20,000 had Gold status, spending over $7,500 per annum. Sales attributed to members accounted for 68% of total Myer sales. Gift cards valued at $51 million had been provided to members as rewards in the previous year. [46]
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Unlike traditional pharmacies, Chemist Warehouse generates most of its sales from non-prescription products such as vitamins, fragrances, cosmetics and baby formula. [ 21 ] [ 22 ] Chemist Warehouse also partly owns several brands including Bondi Protein Co, Goat Soap, Barely Intimate Skincare, Bambi Mini and the Wagner supplement brand. [ 23 ]
On 13 March 2006, Coles Myer announced it would sell Myer to a consortium controlled by US private equity group Newbridge Capital. The consortium also included the Myer family, who held a 5% stake. The sale was completed for A$1.4 bn on 2 June 2006. [14] Coles Myer changed its name to "Coles Group Limited" in November 2006. [15]
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More of the best sales to shop today: Coach Outlet : Get an extra 15% off fall sale styles. Dick's Sporting Goods : Get up to 50% off shoes, clothing, gear and more.
In June 2023, a $15.5 million sale of the chain's name and intellectual property to New Jersey–based Dream On Me was confirmed. [16] Dream on Me also bought the leases to 11 Buy Buy Baby stores, which it plans to reopen, followed by up to 120 stores within three years. [17] Buy Buy Baby's website is also expected to reopen. [18]
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