Myer is leading retail stocks down

Justin Sullivan/Getty Images

Australian retail stocks have been caught up in the fallout from nosediving and panicked markets in China.

Myer, already under pressure from declining sales, is down 3.48% today to $1.25.

Electronics and furniture retailer Harvey Norman is down 2.44 to $4.40. Super Retail, the owners of Supercheap Auto, has lost 3.7% to $8.92.

Solomon Lew’s Premier Investments — which has Just Jeans and Portmans in its portfolio — has shed more than 3% to $12.89.

The supermarkets are also weaker. Woolworths is almost flat at 0.11% down to $27.37. Wesfarmers, the owner of Coles, is down 1.46% to $39.76 but it also has exposure to mining. Metcash, which runs IGA supermarkets, is down 1.23% to $1.04.

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