Myer misled the market, but the market didn’t believe it. The judgment provides a road map for future class actions.
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What is lacking is Myer’s heritage, and the need for this to be carefully reframed and updated for the present day.
Private equity-backed floats may not deserve the bad reputation they have.
A new shopping experience from two retailing giants shows companies are embracing sensory marketing.
Fears from retailers that shoppers will curtail purchases is generally unfounded - but not for a few categories.
Australia’s law could be tightened up to better define the responsibility for labour hire workers.
The reduction of brands at major department stores could actually be a good thing for customers.
Firms can choose to manage for growth or cost cutting, but either way need to know what they are good at.
Retailer David Jones has found itself in the middle of ongoing market intrigue since last year, spurred on by a merger approach from Myer. The advance was rejected without shareholders being made aware…
The recent proclamation by David Jones CEO Paul Zahra that traditional department stores are likely to become smaller, fashion-focused and devoid of low-margin items reflects the various competitive influences…
David Jones’ 40% full-year profit plunge sends a very clear message to the Australian retail sector: if you want to perform you need to reform. Such reform means a number changes to aspects of a retailer’s…
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