Retailer David Jones has seen its full year profit slide six per cent amid weaker sales and pressure to cut prices.
The department store business made a net profit of $95.2 million for the 52 weeks to July 27 2013, down from $101.1 million for the same period last year.
The profit slide includes a $9.1 million pre-tax charge relating to the company’s move to hand over control of its electronics division to retailer Dick Smith. Sydney Morning Herald – Read more…
The department store business made a net profit of $95.2 million for the 52 weeks to July 27 2013, down from $101.1 million for the same period last year.
The profit slide includes a $9.1 million pre-tax charge relating to the company’s move to hand over control of its electronics division to retailer Dick Smith. Sydney Morning Herald – Read more…