Peloton Shares Slump 35% Days After Bike Deal With David Jones
Desperate to get traction in the Australian market with their overpriced interactive fitness bikes, Peloton who recently announced a store within a... Read More
David Jones Delivers $84M Profit After $70.4M JobKeeper Handout
Finally, South African owned department store David Jones is getting their mojo back with the Woolworths Holdings retailer breaking three years of... Read More
Peloton Launching First Aussie Showroom Tomorrow
Peloton is opening its first Australian showroom tomorrow in the Westfield shopping mall in Bondi Junction. The fitness company has also announced... Read More
Strike Action Set To Cripple CE Supply, Retail Trading Threatened
Consumer electronics and appliance suppliers are facing new problems with highly paid waterfront workers backing strike action by the Maritime Union of... Read More
David Jones Profits Quadruple: “We Are Very Pleased”
David Jones has enjoyed a remarkable twelve-month run, with profits almost quadrupling after a horror 2020. David Jones’ adjusted earnings were $84... Read More
Direct Sell Bose, Undercuts Retailers JB Hi Fi, David Jones
Despite CE retailers doing it tough with COVID lock downs in both Victoria and NSW, US sound Company Bose has decided to... Read More
Sydney Stores Staying Open During Lockdown
The latest Sydney lockdown is poised to be much less damaging for retail than the previous one, as relaxed rules have resulted... Read More
David Jones Ends Its Food Partnership With BP
David Jones has ended its partnership with BP Petrol stations, in a move it refers to as “streamlining its food business.” The... Read More
David Jones Profit Outlook Clouded By Pandemic Uncertainty
The CEO of Woolworths Holdings, the South African owner of department store David Jones, has warned the uncertainty of the pandemic is... Read More
David Jones Unites Physical, Online Stores Under One Exec
Struggling luxury department store David Jones is putting a single executive in charge of both its physical and online stores, in the... Read More