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.

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