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fxh

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In the Fin Review Myers is announcing a big cull of middle management and Myer shares are down 33% since January. "..managing cost and focusing on service..."

DJs is cutting back on discounting after worst slump in 20 years. "Prices in June July were cut 30% to 70% but consumers stayed away"

Analysts say department stores have been losing market share to specialty retailers for years.

me:: Online information is part of this but also remember Australians are possibly the biggest travellers in the world. People from Australia see what is overseas and react.
 
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ruzzi

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honestly can't remember the last thing i bought from dj's or myer (other than jocks on sale at xmas time)....must have been 4-5 years ago... this is even though i do go for a walkaround in there about once a month.
 
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PregnantBob

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Reaction is definitely the right word.

With fashion especially, we get the stuff later and we're forced to pay more. If Myer and DJs got their act together i'd still shop there. They have got no one to blame but themselves
 

Simon29

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Getting my first pair of quality shoes and shopping for my shoe care products (have nothing currently). Does anybody know where to find horsehair brushes in Perth or on Australian online stores?
 

Naka

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Getting my first pair of quality shoes and shopping for my shoe care products (have nothing currently). Does anybody know where to find horsehair brushes in Perth or on Australian online stores?


Florsheim sells horsehair brushes for around $20. Dunno if they have a store in Perth though.
 

Simon29

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THey do - I'll go check them out, saves having to buy online (shipping is a killer). Thanks!
 

blahman

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I don't use brushes for my shoes. I just use an old t-shirt to do everything calf and an old toothbrush for suede.
 
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Geoffrey Firmin

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In the Fin Review Myers is announcing a big cull of middle management and Myer shares are down 33% since January. "..managing cost and focusing on service..."

DJs is cutting back on discounting after worst slump in 20 years. "Prices in June July were cut 30% to 70% but consumers stayed away"

Analysts say department stores have been losing market share to specialty retailers for years.

me:: Online information is part of this but also remember Australians are possibly the biggest travellers in the world. People from Australia see what is overseas and react.


If memory serves me correct there was an article in the FR last week about why people are staying away from the Myers and DJ's one reason cited is that they have had a gut full of perpetual sales and it appears that these perpetual sales have devalued the brands in the public's eye.

And speaking of sales Henry Bucks are having a sale in Sydney last time I picked up a couple of Robert Talbott ties very cheap and the FR Magazine has an insert on watches very nice assortment of eye candy.
 
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blahman

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^^^ You say cheap, but you got to tell us how cheap. And hows the coat?
 

pharmaboy

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If memory serves me correct there was an article in the FR last week about why people are staying away from the Myers and DJ's one reason cited is that they have had a gut full of perpetual sales and it appears that these perpetual sales have devalued the brands in the public's eye. .


Here's an idea that has got me - every time i walk through a shopping centre, nearly every shop has a HUUUUGE red sign out the front with 50%!!!! off - sorry I mean up to 50% off - I know they are running 75% margins on retail, and if it were actually 50% off, then it would be a fair enough deal to pay their rent, staff etc, but I am completely over the up to 50% sign when in reality there's 6 items at deep discount, nd the rest is same old - I've lost the faith in a sale.

As to the article above and the differences for those that read, the first thing i can think of, is one counted foreign currency transactions as their measure and the other counted transactions with more detail - I buy plenty overseas, and a lot is simply charged in AUD, even though it came from the UK - eg the largest retailers of bike parts in this country are Wiggle and CRC - both can charge you in AUD, both are definately UK based
 

blahman

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^^^ I'm very sure they charge you GBP. Your bank or paypal does all the conversion for you.
 

psyc1030

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Getting my first pair of quality shoes and shopping for my shoe care products (have nothing currently). Does anybody know where to find horsehair brushes in Perth or on Australian online stores?


you can get some from DJ actually, it is the collonil, rosshaar brush, horsehair in German
 

Geoffrey Firmin

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^^^ You say cheap, but you got to tell us how cheap. And hows the coat?


At -3c when I ventured out the other day, today was -8c at 7.30am, the coat is fine it has a wool liner which works a treat. And as for cheap one was $65 for a RT best of class, the good score was a Tino Cosma Luxury Edition for $70 red geometric design marked down from $200.
 
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Geoffrey Firmin

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Here's an idea that has got me - every time i walk through a shopping centre, nearly every shop has a HUUUUGE red sign out the front with 50%!!!! off - sorry I mean up to 50% off - I know they are running 75% margins on retail, and if it were actually 50% off, then it would be a fair enough deal to pay their rent, staff etc, but I am completely over the up to 50% sign when in reality there's 6 items at deep discount, nd the rest is same old - I've lost the faith in a sale.

As to the article above and the differences for those that read, the first thing i can think of, is one counted foreign currency transactions as their measure and the other counted transactions with more detail - I buy plenty overseas, and a lot is simply charged in AUD, even though it came from the UK - eg the largest retailers of bike parts in this country are Wiggle and CRC - both can charge you in AUD, both are definately UK based


Yesterday in Canberra DJ's I saw a Sportcraft jumper in a style I liked it was on a rack saying 70% off the price of garments, I looked it was marked down from $139 to $89 I know maths is not my strong point but, anyway took it over to the counter and the price scanned at $89, I pointed out that it came off the rank and male attendant tried to inform me that $89 is 70% of $139. Obliviously as an arts graduate i know nothing of mathematics.
 
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