There are mounting fears about the future of Australia’s oldest department store, David Jones, as the iconic chain faces rising costs and empty stores, while its competitors are going all out to win ...
The department store chain’s losses widened to $96 million last year, though recent earnings suggest the company’s five-year turnaround plan is gaining traction.
The department store synonymous with luxury appears to be struggling and, according to reports, may be closing for good amid growing pressure from financial rivals ...
The enduring pinch of cost‑of‑living pressures from soaring fuel prices, rising interest rates and accelerating inflation has talked customers out of a new handbag or knitwear. “I think leading a ...
With an enhanced data-driven buying approach, David Jones seeks to improve inventory turnover and deliver a seamless omnichannel experience MONTREAL--(BUSINESS WIRE)--NuORDER by Lightspeed, a leading ...
It might be the summer season Down Under, but storm clouds are gathering for Australia’s retail sector, as the cost of living squeeze takes hold. An industry already rocked by the bargain basement ...
David Jones has announced shock closures of two department stores The Castle Hill and Tuggerah stores will permanently shut in the New Year David Jones has announced its shock closures of two popular ...
As Myer closes stories and David Jones posting a massive loss, it begs the question – is this the end of luxury department stores?