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Flat wages hurt spending, DJs owner says - Townsville Bulletin

Flat wages hurt spending, DJs owner saysTownsville BulletinThe 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 ...and more »

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

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

The Sydney Morning Herald'Stuff ups' and discounts cost David Jones plentyThe Sydney Morning HeraldFrom 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 ...and more »

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

David Jones to splash $100m on world food offeringThe AustralianUpmarket 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 ...and more »

S. AFRICA: Woolworths Holdings H1 Profit Slips - Namnews

S. AFRICA: Woolworths Holdings H1 Profit SlipsNamnewsWoolworths 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 ...and more »

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

Flat wages hurt spending, DJs owner saysNEWS.com.auThe 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 ...and more »

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

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

The Australian Financial ReviewDiscounting, private labels crimp David Jones' profit growthThe Australian Financial ReviewWoolworths 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 ...and more »

Woolworths maintains divi – H1 earnings slide 4.3% - BizNews;

Woolworths maintains divi – H1 earnings slide 4.3% - BizNews

BizNewsWoolworths maintains divi – H1 earnings slide 4.3%BizNewsCape 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 ...and more »

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

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

The Sydney Morning HeraldDavid Jones sales sag in first halfThe Sydney Morning HeraldSouth 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 ...and more »

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

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

Business Day (press release) (registration)Woolworths shares profit from sale of David Jones's head office with shareholdersBusiness 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 ...and more »

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

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

NEWS.com.auDavid Jones unveils first-half profit of $105 millionNEWS.com.auDAVID 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 ...and more »

Flat wages hurt spending, DJs owner says - SBS

Flat wages hurt spending, DJs owner saysSBSDavid 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 ...and more »

David Jones stung by retail malaise - The Australian;

David Jones stung by retail malaise - The Australian

The AustralianDavid Jones stung by retail malaiseThe AustralianUpmarket 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 ...and more »