Latest Department Stores News - Inside Retail Australia

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.

DFO sales up 70 per cent over eight years

Retail outlets attract 17 million customers annually.

Seeing red

Selfridges copped backlash when it opened its Christmas shop last week. But was the move desperate, or clever?

Consumer habits and e-commerce hurting retail

New report predicts next 10 years will see modest retail turnover growth.

SCA profit falls by 45 per cent

Discount department stores and supermarkets sales improve despite profit slump for landlord.

Retail spending up, online spending slows

Latest reports by the ABS and NAB suggest consumer confidence is returning.

Home Consortium to open WA stores

The team are securing tenants for the Joondalup, Butler and Ellenbrook sites.

David Jones posts declining sales

A transformative year for David Jones ends with a sales decline.

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