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Department stores

Department stores Archives

David Jones reaches profitability for the first time in years

$70 million in JobKeeper and other government wage subsidies played a major part in the business' profitability.

Why major US retailers are backing Black-owned brands

Major US retailers like Nordstrom and Target have committed to stocking more diverse brands as part of their broader eff...

Exclusive: Welcome to Myer’s new Virtual Store

The Virtual Store concept allows shoppers to experience products from Myer's online marketplace in real life and gives t...

David Jones is the latest department store to embrace resale. Here’s why

Nordstrom, Selfridges, Madewell and Adidas are doing it, and now David Jones is too.

Peloton launches in Westfield, partners with David Jones

David Jones’ general manager of menswear, childrenswear and home Chris Wilson said the department store is thrilled to b...

How Myer plans to reach $1 billion in online sales

The department store's online sales have more than doubled to over $500 million since 2018, and CEO John King believes t...

Myer bounces back to profitability, names new chair

Myer’s profit is a strong improvement on the $172.4 million deficit the business suffered in FY20.

Exclusive: Target Australia MD talks turnaround ahead of brand relaunch

Richard Pearson is just the latest person to attempt a turnaround at the perpetually underperforming retailer. Here's wh...

Wesfarmers: ‘When stores cannot trade, revenue declines’

Despite significant online sales growth and an overall increase in revenue, the retail conglomerate reported the impact ...

Wesfarmers results jump as Bunnings, Kmart and Officeworks boom

Wesfarmers has joined in the parade of businesses reaping the rewards of a strong year of trade, despite ongoing movemen...

Newly-listed Best & Less delivers record profit

Best & Less’ main goal for the year ahead is to remain as flexible and productive as possible to prepare it for the inev...

“Not surprised”: Experts react to Amazon’s reported department store plan

The move would represent the retailer’s biggest bet on bricks-and-mortar to date. And it would come at a time when some ...

Amazon to test department stores in offline expansion

Department stores' share of the US retail market is at a record low, but Amazon sees an opportunity.

How Kim Kardashian’s Skims is taking on Australian retail

Here's why the hugely popular shapewear brand, Skims, is ramping up its bricks-and-mortar presence around the world.

Lew hits back at hints of capital raising at Myer

Myer has denied media reports that suggest it may be looking to dilute Lew's control over the company.