David Jones

David Jones is set to shake up Melbourne’s central Bourke St shopping precinct, revealing plans to sell off the site of its flagship menswear store in a move that could reap more than $100 million as it gives its sister store across the mall a significant makeover.

Major landlords including the owner of the local Westfield empire, Scentre, as well as Vicinity Centres, GPT and Stockland could be exposed as David Jones looks to shrink its store network in Australia.

Department store David Jones is set to become a new player Australia’s petrol station convenience store industry. The retail heavyweight will enter into a partnership with BP that will see them offer exclusive products under …

David Jones chief executive David Thomas admits retail can be a brutal game but he is banking on cashed-up locals backing his grand plans for the chain’s $200 million redevelopment of its flagship Elizabeth St …

Retail giant David Jones has started the new year with a French flavour, inking a deal to bring womenswear brand Balmain into its stable. The French fashion house’s range of womens’ clothing is already available …

The declines in department store and discount department store sales could accelerate and hit major listed landlords Scentre Group and Vicinity Centres hard if this country follows the path of the United States, according to Macquarie Equities.

The Glen shopping centre in Melbourne’s south-east will be the latest Victorian mall to receive a major makeover, with Vicinity Centres announcing a $490 million overhaul that will include a new Aldi supermarket and a host of new fashion brands.

Listed heavyweight the Scentre Group is striking up an alliance with superannuation fund-backed Cbus Property as it moves to acquire Sydney’s landmark David Jones store. This article originally appeared on theaustralian.com.au/property.