David Jones To Close Store As Sales Struggle
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January 28, 2020
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The sales slump impacting department stores is set to get worse as David Jones reports half year sales slumped 0.5 percent for... Read More
David Jones Puts On A New Pair Of CEO Jeans
David Jones has a new CEO in former Levi Strauss executive Roy Bagattini, following the departure of Ian Moir in 2019 after... Read More
Myer Lose Millions After 3Hr Till Crash On Peak Trading Day
Serious questions are being asked about Myers ‘ageing technology platform after millions in revenue were lost at the weekend when their network... Read More
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Another iconic retailer has bitten the dust with South Australian retailer Harris Scarfe which is owned by Grenlit Brands placing themselves into... Read More
David Jones $487 Million Loss
David Jones has posted a full-year loss of nearly $500 million in 2019 due in part to impairments, and tax losses of... Read More
David Jones Sell Flagship Melbourne Store
South African-owned luxury department store, David Jones, has announced the sale of its flagship 299 Bourke Street Melbourne store, with the deal... Read More
Oz Retail Foot Traffic Steady Despite ‘Recession’
Australian retail foot traffic is reportedly steady, despite sluggish conditions and David Jones’ parent company declaring a state of retail “recession.” New... Read More
David Jones & Myer Tipped To Merge, CE & Audio Suppliers Set To Hit
Specialist audio and CE distributors face being hit if a proposed plan to merge David Jones and Myer happens. Currently several specialist... Read More
Myer Shares Up 10% After Major Profit Lift
UPDATED: Shares in Myer have soared 11.40% after market open to 64 cents, following its first major profit lift in nine years.... Read More
David Jones To “Aggressively” Shrink Stores
Luxury department store, David Jones, is reportedly embarking on a significant downsizing of its physical footprint, just weeks after claiming the Australian... Read More
