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Boxing Day sales: Homebush DFO queue stretches for kilometres as Aussies spend big

The worst cost of living crisis in more than three decades has hardly dented shopper enthusiasm, with crowds in city malls and a kilometre-long queue outside a DFO outlet in western Sydney.

David Jones sale: Elizabeth St $400million renovation in Sydney was beginning of the end for store

The previous owners of David Jones spent a whopping $400million on a luxury revamp of its Sydney Flagship store in 2020, just two years before Tuesday s measly sale of $100million.

David Jones $100m sale to Anchorage Capital Partners reflects declining value of department stores, analysts say - 21-Dec-2022

The South African owners of 184-year-old company David Jones are believed to have sold the department store chain for about $100 million. In 2014, it sold for $2.1 billion.

David Jones $100m sale to Anchorage Capital Partners reflects declining value of department stores, analysts say - 21-Dec-2022

David Jones $100m sale to Anchorage Capital Partners reflects declining value of department stores, analysts say - 21-Dec-2022
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.

David Jones $100m sale to Anchorage Capital Partners reflects declining value of department stores, analysts say - 21-Dec-2022

David Jones $100m sale to Anchorage Capital Partners reflects declining value of department stores, analysts say - 21-Dec-2022
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.

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