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David Jones’ turnaround strategy buds as conditions normalise

David Jones’ 2022 Flower Show (Source: Supplied)
Despite trading through another difficult year, marred by lockdowns and Covid-19 resurgences, David Jones has delivered a relatively strong full-year result: with the losses of the first half largely balanced out by the successes of the second.  The department store giant’s adjusted operating profit rose 85.5 per cent in the second half, smoothing out its full-year figure to an overall decline of 0.6 per cent.  Turnover for the full-year fell 2.6 per cent, with international owner Wo