The biggest deal in the last few days has been a non-deal – that is, of course, the failed takeover tilt for David Jones. The circumstan…
The biggest deal in the last few days has been a non-deal – that is, of course, the failed takeover tilt for David Jones. The circumstan…
Retail giant David Jones has updated the market after confirming it received an unsolicited takeover approach from EB Private Equity, in a b…
Department stores have faced a difficult few years due to consumer uncertainty following the global financial crisis, as customers have beco…
Myer chief Bernie Brooks says times are as tough as he’s seen them, yesterday describing retail in Australia as a “tale of woe”. Going…
Yesterday, I was fortunate to be invited by StartupSmart blogger Adam Franklin to his Social Media Down Under event. I’m normally reluc…
Mid-year stocktake sales began yesterday with both Myer and David Jones unleashing a range of new strategies to get shoppers into their stor…
The department store giants are at it again. After promising for so long to boost their online strategies, the two department stores are now…
Cautious consumers who would rather save than spend are the “new normal” for retailers, the CEO of David Jones has warned. Paul Za…
New private capital expenditure rose during the first quarter by a seasonally adjusted 6.1%, according to the latest figures from the Austra…
Yesterday’s dip in retail sales is yet another bit of bad news for a beleaguered sector. Poor old Russell Zimmerman, head of the Austral…
You’ve got to feel some level of sympathy for Myer chief Bernie Brookes. Every quarter he has to face the media to discuss how the departm…
Myer’s third-quarter sales results, and its earnings downgrade, underscore how much the retail sector needed this month’s 50 basis point cut…
