The reduction of brands at major department stores could actually be a good thing for customers.
Myer chief Bernie Brookes became the latest senior executive to resign from the company this week as it struggles to adjusts to a new economy.
Julian Smith/AAP
Retailer David Jones has found itself in the middle of ongoing market intrigue since last year, spurred on by a merger approach from Myer. The advance was rejected without shareholders being made aware…
David Jones plans to reinforce its position as a high-end retailer by downsizing stores and focusing on customer service.
AAP
The recent proclamation by David Jones CEO Paul Zahra that traditional department stores are likely to become smaller, fashion-focused and devoid of low-margin items reflects the various competitive influences…
David Jones’ 40% full year profit slump shows time is running out to embrace the sort of technology shoppers clearly want.
AAP
David Jones’ 40% full-year profit plunge sends a very clear message to the Australian retail sector: if you want to perform you need to reform. Such reform means a number changes to aspects of a retailer’s…