David Jones’ future looks grim. Is Myer next?

With Myer’s profitability battered and share price languishing near all-time lows, DJs’ slide into administration raises an uncomfortable question Get our breaking news email , free app or daily news podcast When the retailer’s doors slide open, shoppers are greeted by rows of slashed price tags, frantic discounting, and all the other hallmarks of a department store closing down. Except, this isn’t David Jones, the embattled upmarket retailer that is shutting half its 38 stores . Continue reading...

Read on theguardian.com

This story comes from The Guardian's feed; the full article and all rights belong to the source.

0 1

#David Jones #Myer

Comments (0)

No comments yet. Be the first to comment.

Sign in to write a comment.

David Jones’ future looks grim. Is Myer next?

Comments (0)

Related news

Where was Nvidia’s security team?

Asian governments react to Nvidia CEO Jensen Huang’s exit

Rising rents draw Wall Street money to industrial outdoor storage lot investments across the U.S.

Canada’s Stelco to recall 175 workers after government pressure

When tech founders leave, what happens to their companies?

Juice your growth and save on taxes in this workplace investment account

Retailers are turning to entertainment to win shoppers’ attention

Eric Trump-backed robot soldier startup can't pay staff after founder borrowed $4.6 million from company to buy home

Reynolds to hold further talks with Poundland owners amid rescue talks

Thames Water creditors offer £75m social tariff boost to win over Burnham

Analysis: Companies love a ‘rockstar’ CEO. Until they depend on one

Amazon has a plan to index the world’s online shopping data

How the Jensen Huang scandal created a headache for business-friendly Singapore

Trump Jr. out as Kalshi advisor after his firm's big investment in Polymarket

Nvidia hasn’t selected search firm for permanent Huang replacement, board tells CNBC

Supreme Court will hear Robinhood effort to toss IPO info omissions lawsuit

Lutnick faces questions over Nvidia spy scandal. His sons’ firm has deep ties to the chipmaker

The fight over Canadian steelworker jobs

'He Needs a Second Chance' – Some Nvidia Employees Really Want Former CEO Jensen Huang Back

UK’s biggest insurer hit by rise in subsidence claims after record hot summer

Huang's downfall may undo cozy ties between business and government: analysis

Israel’s VCs see opportunity for challengers in Nvidia’s turmoil

Apple, Alphabet and Uber survived major founder transitions. Nvidia will be a harder test

Jensen Huang didn’t show confidence in his successor, report says