Personal relationships in the office can be expensive for employees and their employers in both a financial and reputational sense. In recent months there have been a series of highly publicised cases where big business has been hauled over the coals for its approach to the issue. But this can be just as costly for small […]
The Australian retail industry has a lot of catching up to do to compete with online offerings from the US and UK.
Julian Smith looks at the business lessons that can be gleaned from outdoor wear retailer, Kathmandu.
“In a market where the big players such as Myer and David Jones are continually downgrading profit projections, how did Kathmandu do it?”
The retail industry received the surprise news yesterday that Premier Retail will close 50 of its stores in Australia and New Zealand and cut staff numbers, as part of new CEO Mark McInnes’ efforts to return the business to profitability.
Holster, based in Noosa, have seduced David Jones into distributing their range of Holster jelly sandals in David Jones stores across Australia.
David Jones is not the only company in hot water over sexual harassment, last week two Airservices Australia employees launched a $1 million plus action over alleged workplace law breaches just hours after an Adelaide business was forced to make a record $466,000 payout to a former employee for sexual harassment.
David Jones has continued its store consolidation process, announcing the termination of the Toombul Queensland store, with the lease to be taken up by Target in the Centro shopping centre.
David Jones will terminate a lease with Westfield in Melbourne in favour of opening a store in upmarket North Perth that is better aligned to David Jones core customers.
Retailer David Jones has reported a first-half profit up 10.2 percent, posting a net profit of more than $100 million for the period ending January 23.
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