Latest Department Stores News

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Woolworths Group reported a 3.6% normalised sales increase to $69.1 billion for FY25, yet earnings before interest and tax fell 12.6%, weighed down by Australian Food and BIG W segments. The group plans a turnaround in FY26 amid ongoing cost pressures and strategic shifts.
Logan Eniac
Logan Eniac
27 Aug 2025
Myer Holdings reports a 1.9% increase in total sales for the second half of fiscal 2025 despite inflationary pressures and operational hurdles at its new distribution centre. The retailer outlines interim logistics solutions and previews its upcoming Growth Strategy.
Logan Eniac
Logan Eniac
23 May 2025
Myer reports flat comparable sales and a slight dip in total sales for the 22 weeks to December 2024, while reaffirming support for its transformative merger with Premier Investments' Apparel Brands.
Logan Eniac
Logan Eniac
13 Jan 2025