Latest Department Stores News - Inside Retail Australia

Costco leads Target, Kmart on customer satisfaction

International brand wins Australia’s trust over domestic competition.

Harvey Norman looks overseas as profits drop

Retailer looks to open a further 18 international stores by 2020.

Myer announces exclusive partnership with Aesop

Department stores battle for brands.

David Jones profit drops 58.3 per cent

Department store struggles through a “significantly disruptive and difficult year”.

Former Myer CEO says forecast was approved by board

The former chief contradicts testimony given by other board members.

Woolworths increases profit by 12.5 per cent

Woolworths Group’s total sales rose to $56.7 billion for the period.

Macy’s sales slide in Q2

The department store’s sales dipped in the quarter, but grew in the half.

Wesfarmers net profit falls 58.3 per cent

The result is largely due to the Bunnings UK divestment.

Sports Direct owner rescues House of Fraser

British billionaire Mike Ashley’s Sports Direct has rescued House of Fraser, after the department store chain failed to come to an agreement with creditors.

Myer faces Federal Court over misleading forecasts

Multi-million dollar class action begins.

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