Retailers Discount To Fight Amazon Prime Day
Local retailers have launched online sales with steep discounts in an attempt to combat Amazon’s “Prime Day” promotion. The 65 hour sale... Read More
David Jones Same Store Sales Further Slip
South African-owned department store, David Jones, has fared its third straight year of declining same store sales, citing “challenging” retail conditions. Owned... Read More
Retailers Shrink & Shopping Centre Values Fall
Retailers are hoping tax offsets deliver a much needed boost in spending after a weak close to last year continued into 2019,... Read More
Is David Jones Canvassing A Sale? Hong Kong Bankers Say “Yes”.
Back in 2014 David Jones was purchased by the South African Woolworths Group for $2.1 Billion today the Company is up for... Read More
Myer Ramp Up Board Retail Expertise Amid Criticism
Embattled Aussie department store, Myer, has fought criticism its board lacks direct retail fashion expertise, with the appointment of former Just Group... Read More
INSIGHT: Myer, A Fire Sale ‘Basket Case’
If Myer were any other business, its doors would be closed by now. Despite recently posting its first profit in eight years... Read More
Myer Slash 50 Jobs Amid Turnaround
Embattled department store, Myer, has reportedly slashed around 50 jobs across management and marketing, following a thorough review of its “customer first”... Read More
Samsung Limit Galaxy Fold Retail Presence
As smartphone competition continues to intensify, Samsung has revealed its new Galaxy Fold will accompany a ‘luxury-launch’ with limited quantities. Accompanying a... Read More
David Jones Half-Year Profit Down 39%
South African-owned David Jones has reported a notable 39% drop in half-year profit to $36 million, reflecting sluggish discretionary spending and soft... Read More
LOEWE Launch $2,000 Off Trade-In Offer
German high-end TV manufacturer, Loewe, has launched a new campaign inviting consumers to trade in their old TV and receive $2,000 off a brand... Read More