David Jones $487 Million Loss
David Jones has posted a full-year loss of nearly $500 million in 2019 due in part to impairments, and tax losses of... Read More
Australians Feel Financially Worse Off
Australian’s are reportedly still feeling worse off despite consumer confidence rising by 0.3%. According to an ANZ survey reported by InsideRetail, optimism... Read More
Retailers Don’t Know What Consumers Want
Consumers are being left wanting by retailers not meeting customer expectations according to new research by Oracle Retail which highlights the fundamental... Read More
Amazon-Focused Marketing Agency ‘Podean’ Enters Oz
Specialist Amazon-focused marketing agency, Podean, has officially landed in Australia, appointing former IPG Mediabrands’ executive, Ashley Wales-Brown, its local Managing Director. The... Read More
David Jones Sell Flagship Melbourne Store
South African-owned luxury department store, David Jones, has announced the sale of its flagship 299 Bourke Street Melbourne store, with the deal... Read More
Vicinity Centres Snare Sydney Airport Chairman
ASX-listed shopping mall owner, Vicinity Centres, has elected Sydney Airport chairman, Trevor Gerber, as its incoming chair, taking the helm following Peter... Read More
Thorn Shareholders Query Proposed Buy Bid
Shareholders of Radio Rentals owner, Thorn Group, have reportedly expressed concern over the company’s decision to raise equity before announcing the results... Read More
Oz Retail Foot Traffic Steady Despite ‘Recession’
Australian retail foot traffic is reportedly steady, despite sluggish conditions and David Jones’ parent company declaring a state of retail “recession.” New... Read More
Big W Rumours Fly After KordaMentha Hire
Embattled discount department store, Big W, has reportedly hired insolvency firm, KordaMentha, to assist with store closures, sparking rumours of further re-structure... Read More
‘Kiwi Afterpay’ Launches In Australia
The colloquially named ‘Afterpay of New Zealand’, Laybuy, has officially launched in Australia, taking on the likes of Humm, Latitude Pay and... Read More