EXCLUSIVE:Supply Chain Facing Major Problems As Chinese Factories Stop Credit
Consumer electronics, audio and appliance distributors are facing new supply issue with Chinese factories now demanding “cash up front”, at the same... Read More
David Jones Sales Down 8.1%, But Says Foot Traffic Is Improving
Sales at David Jones – which is owned by South Africa’s Woolworths Holdings – have fallen by 8.1% year-on-year in the last... Read More
David Jones Set To Sell Flagship Properties In Sydney & Melbourne
David Jones is about to commence the process of selling off $1 billion of properties, with The Australian reporting that promotional material... Read More
Kogan-Backed eStore Expands Oz Robotic Fulfilment Centres
eStore Logistics – an online logistics company backed by Kogan.com founder Ruslan Kogan – has reportedly invested $40 million in expanding its... Read More
Myer Tipped To Engage KPMG In COVID Fight
Iconic Australian department store, Myer, has reportedly employed the aid of KPMG to assist in withstanding the economic impact of COVID19. According... Read More
Majority Stakeholder In David Jones Calls It A ‘Poor Acquisition’
The investment management company Allan Gray, which recently bought a 20% stake in David Jones’ parent company Woolworths Holdings, has called the... Read More
David Jones Struggles, Stores To Be Sold, Network Shrunk, & Borrowings Extended
David Jones is looking at more asset sales in an effort to reduce debt after a shocker start to 2020, parent Company... Read More
COMMENT: Is It Time For Retailers Like Harvey Norman To Join Target & Restructure?
A few weeks ago, we tipped the closure of underperforming Target stores and I am tipping more closure of stores as the... Read More
David Jones Grapple Lease Contracts & Big Debt
Iconic premium department store, David Jones, is reportedly working with KordaMentha as it grapples with landlords to manage debts of at least... Read More
Big W Leads Late Night Retail Return
Discount retailer Big W is set to be one of Australia’s first department stores to relax in-store shopping restrictions after resuming late... Read More