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Australian luxury department store David Jones will close 35 of their mini food halls attached to BP services stations after revealing their food business was not profitable.
Business by Benedict Brook 20th May 2021 8:38 AM The shuttering of UK retail icon Debenhams has sent shockwaves across Britain with the insolvent department store leaving a huge gap on 124 high streets and shopping centres. But the ramifications of Debenhams' downfall are reverberating in Australia. A retail analyst has said a "failure of the likes of Debenhams could happen in Australia". COVID-19 hasn't helped retail anywhere. But the problems with department stores, like Debenhams, run deeper. In Australia, chains have gone ...
While Kmart continues to be the “hero brand” for Aussies, Target has its own plans to become more accessible to people around the country.
 The retailer's strategy, which has been playing out over the last 18 months, is "viable", Prof Mortimer added, including removing their Target Country brands and installing KHubs which enabled regional and rural communities to access Target products via online and delivery. "Their strategy around the rest of the nation to reduce the Target fleet of stores seems reasonable. They have simply closed several of them and rebranded many of them to Kmarts where didn't have a dominance in a suburb," he told news.com.au. "It has a smaller physical presence in those suburbs or markets that are...