Department stores
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Harvey Norman profit explodes 160 per cent
Harvey Norman has seen its unaudited profit explode 160 per cent between July and October to $341.11 million, compared to $131.17 million for the same period of last year.
Additionally, aggregated sales jum...
Department stores Archives
Garry Hounsell steps down from Myer board before AGM
Housnell took the action after it became clear Myer’s largest shareholders would not support his bid to return as chairm...
Woolworths Group appoints new MD at Big W
Pejman Okhovat has been appointed the new MD of Big W, replacing David Walker who Woolworths Group has made its new chie...
Why department stores can’t ignore the lure of grocery
A fresh grocery offer does present some risks for larger retailers, but could the pros outweigh the cons?
David Jones enters Elizabeth Street sale negotiations with Charter Hall
The property firm will have a period of exclusive negotiations to pick up the recently renovated flagship.
Scott Fyfe steps up as David Jones CEO
Country Road chief executive to lead department store chain.
Department stores: The dinosaurs of retail?
As losses mount at Myer and David Jones, merger talk has resumed, as well as more calls from stakeholders for drastic ac...
David Jones bets on blowdries and beauty
In this exclusive interview, the department store reveals its latest beauty services.
Myer trims board as shareholder pressure mounts
Second biggest shareholder Wilson Asset Management takes aim at Myer.
Harvey Norman profit up 185.8 per cent, excluding Melbourne
Comparable sales rose 30.3 per cent across Harvey Norman's global business.
David Jones shines spotlight on First Nations designers
The department store is the latest major retailer to throw its support behind the Aboriginal and Torres Strait Islander ...
David Jones slammed for slow transition, Food business to be reviewed
Woolworths Holdings wants to get DJs Food to break even by 2022.
David Jones launches support program for Indigenous fashion designers
The retailer is committed to supporting local designers and giving back to First Nations people.
JCPenney reaches tentative rescue deal
A proposed rescue deal will carve J.C. Penney into three pieces.
Myer rebalances Customer First strategy as profit plunges
Turnaround strategy refocused to take changes in customer behaviour into account.
Solomon Lew fires shots at Myer over “shameful” results
The Premier Investments chairman has called for the Myer board to resign.
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