Ausbiz – David Jones’ woes and the domino effect

David Jones kept taking when it needed to give

Nick Gray examines David Jones’ financial troubles, supplier relationships and loyalty strategy, arguing that lost trust lies at the heart of its problems.

Ausbiz – David Jones’ woes and the domino effect

On Ausbiz, I discussed the mounting pressures facing Australian retailers, using David Jones’ financial difficulties as a reflection of broader challenges across the sector. We also explored the potential flow-on effects for Australian brands, employment and shopping centres, as rising costs and weaker consumer spending continue to weigh on retailers. You can watch the episode here: David Jones’ woes and the domino effect.