Flat wages hurt spending, DJs owner says - Townsville Bulletin

The South African retailer that owns David Jones and Country Road says consumer spending in Australia is being suppressed by low wage growth and underemployment. Woolworths Holdings, which is not related to the Australian supermarket giant, said ...

'Stuff ups' and discounts cost David Jones plenty - The Sydney Morning Herald

From David Jones to Country Road and Witchery the honeymoon is certainly over for South Africa's Woolworths two years after it bought some of Australia's biggest retail brands. Woolworths bought the brands just over two years ago in 2014 and after some ...

David Jones to splash $100m on world food offering - The Australian

Upmarket department store David Jones will invest up to $100 million to bring what it claims will be the “best of the world'' into its Australian stores in a new food services and packaged grocery business that will aim to be profitable by 2019 ...

S. AFRICA: Woolworths Holdings H1 Profit Slips - Namnews

Woolworths Holdings has reported a drop in core profit for its fiscal first half, despite a strong performance by its food unit. For the six months to 25 December, operating profit was down 3.2% to 3.7bn rand, while headline earnings per share declined ...

Flat wages hurt spending, DJs owner says - NEWS.com.au

The South African retailer that owns David Jones and Country Road says consumer spending in Australia is being suppressed by low wage growth and underemployment. Woolworths Holdings, which is not related to the Australian supermarket giant, said ...

Discounting, private labels crimp David Jones' profit growth - The Australian Financial Review

Woolworths Holdings has blamed aggressive discounting and a private label "stuff-up" for modest earnings growth at David Jones. Nic Walker. Share on twitter. by Sue Mitchell. South African retailer Woolworths Holdings has blamed aggressive discounting ...

Woolworths maintains divi – H1 earnings slide 4.3% - BizNews

Cape Town – Woolworths [JSE:WHL] said it will maintain its dividend payout for the 26 weeks ended 25 December, as it announced a 4.3% drop in headline earnings per share on Thursday. While its operating profit declined by 3.2% to R3.7bn, its earnings ...

David Jones sales sag in first half - The Sydney Morning Herald

South African Woolworths Holdings blamed the shut-down of the Dick Smith concessions and the timing of Boxing Day in its financial calendar for a collapse in sales growth at its upmarket department store David Jones in the first half. In the 26 weeks ...

Woolworths shares profit from sale of David Jones's head office with shareholders - Business Day (press release) (registration)

Woolworths shared its R1.76bn profit from the sale of Australian department store David Jones's Sydney head office with shareholders by maintaining its interim dividend at R1.33 despite a decline in headline earnings. Diluted headline earnings per ...

David Jones unveils first-half profit of $105 million - NEWS.com.au

DAVID Jones has grown sales by four per cent in the six months to December 25. The retailer's comparable sales, which strips out new store openings, rose 0.5 per cent while profit before tax increased 2.9 per cent to $105 million, the group's South ...

Flat wages hurt spending, DJs owner says - SBS

David Jones' parent company Woolworths Holdings says the department store chain's sales rose four per cent in the half year. Source: AAP. 16 Feb 2017 - 5:26 PM UPDATED 4 HOURS AGO. The South African retailer that owns David Jones and Country ...

David Jones stung by retail malaise - The Australian

Upmarket department store David Jones has been stung by the general malaise that has enveloped the Australian fashion, clothing and apparel sector after reporting that comparable store sales for the December half grew by only 0.5 per cent. It meant the ...