This report offers a comprehensive strategic analysis of Myer Holdings Limited, an Australian departmental store. It begins with an introduction and overview of the company, detailing its history, products, revenue, and workforce. The core of the report involves both external and internal environmental analyses. The external analysis employs PESTEL and Porter's Five Forces models to assess macro-environmental factors and competitive forces within the retail industry. The internal analysis uses the VRIO framework to evaluate Myer's resources and capabilities. The report examines political, economic, social, technological, environmental, and legal factors influencing Myer's performance. Furthermore, it explores the bargaining power of suppliers and buyers, the threat of new entrants, and the competitive rivalry within the industry. The analysis aims to provide a strategic picture of Myer's position in the competitive market, including key strategic issues that will influence the company's future performance.