Australia's Myer Holdings <MYR.AX> said on Friday it would temporarily close all stores for four weeks and would stand down 10,000 of its employees who will not be paid during the period, in a bid to restrict the spread of the coronavirus.
The company's executive members have also opted not to receive any remuneration during this period, the company said in a statement.
(Reporting by Shreya Mariam Job in Bengaluru; Editing by Edmund Blair)
