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department stores

department stores Archives

Financial

Department stores slash and burn their way to profit

Myer, Target and other retailers finished FY19 in the black, but at what cost?

David Jones launches chic womenswear level at Elizabeth Street

Third floor houses personalised styling services, as well as local and global brands.
Department stores

Department stores are facing an existential crisis

What is the purpose of a department store in 2019?

Debenhams secures $72 million loan to refinance business

Department store takes first step in refinancing process.

Debenhams chairman out, CEO off board after trading update

Struggling department store faces board shake-up after sales drop.

Department stores are not doomed

Take a look at who’s doing it right
Management

How to beat the machine

Brian Walker on the power of storytelling in retail.

Marks & Spencer to close 100 stores by 2022

UK department store accelerates transformation amid declining sales and profit

So what’s the game plan now for Myer?

Retreating to the defensive ground of ‘glorified Kmart’ out of fear, deeply entrenches the very problems that are killin...

David Jones launches new food strategy in Melbourne

Department store retailer continues roll-out of $100m strategy.

Kikki.K to accelerate global growth

Stationery firm signs deal with key supplier.

Retailers get into the Mardi Gras spirit

Local retailers are throwing their support behind the famous Sydney Gay and Lesbian Mardi Gras.

David Jones half-year profit slumps over 37 per cent

“Particularly difficult” first quarter takes toll on department store retailer.

Myer once stood for the aspirational middle class but now it’s lost sight of who its customers are

How can a retail brand like Myer be as desirable today, as it was in the past?

A rocky half for local retailers

The halfway mark of FY18 is looming as a watershed period for the retail industry in Australia.

Clothes concerns as food rises in latest spending figures

Mixed bag for retail sector according to latest ABS data.

Myer beats landlord’s litigation over Chadstone payments

Court decides in department store retailer's favour.

Woolworths takes $713m hit on David Jones writedown

"Poor or delayed execution in certain key initiatives" forces retail giant to slash company's value.

Data can’t save our department stores

Can someone explain how retailers that sit on some of the world’s richest sources of big data, fail to compete with thos...

Woolworths revaluing David Jones investment

Retail conglomerate flags writedowns in latest update.