department stores

A retail expert has warned that department store giant David Jones could “finally falter” amid a perfect storm of dire economic conditions and ongoing hardships being faced by the iconic Aussie brand.Dozens of staff will be impacted after…

The Australian share market fell to its lowest level in more than 12 months on Monday as traders grew increasingly concerned that the escalation of the Israel-Hamas war could spill over across the Middle East. The S & P/ASX200 lost 0.8…

If you’re paying more than $1000 for some fancy new clothes you might expect store staff to fawn over you – or at the very least help ensure you get the right size. But a customer service fail at an Australian retail icon this week has…

Retail trade was flat in February, rising just 0.2 per cent according to the latest figures from the Australian Bureau of Statistics (ABS), off the back of a 1.8 per cent rise in January.The Retail Trade report, released on Tuesday morning,…

An intense backlash from younger workers in South Korea – after the government proposed a 69-hour work week — has prompted a dramatic backflip.The move, which could have been introduced as early as July, sparked protests from trade unions…

Even in these tight economic times, there is still plenty you could buy with $100,000. A big boat. A sports car. Even put a deposit on a house.Or you could splash it all on a second-hand Chanel bag that looks likes a shopping basket.Online…

While Australians are suffering under record inflation, there has been one big winner. One retailer has turned this time of pain into a time of profit.That retailer doubled their profits – actually more than doubled them – after selling an…

A supermarket boss has been filmed taking down a thief who made off with a suitcase filled with meat.The footage shows the individual pulling a suitcase filled with stolen cuts of beef from Harris Farm Markets in Randwick, Sydney, before…

This is controversial, and we are in a cost-of-living crisis but it is time to head back to swanky department stores. I promise this isn’t utterly rogue advice. I’ve recently become a David Jones devotee, and I’m reaping the benefits that I…

It has taken just eight years for iconic Australian retailer David Jones to go from being worth $2.1 billion to now being sold for as little as $100 million. DJs’ South African owner Woolworths Holdings (no relation to Australia’s…