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David Jones will soon open a string of small high-end convenience stores The small-format shops will open across the wealthier suburbs of Australia In an $100 million investment in three years the first will open in Bondi Junction Food group executive Pieter de Wet said the shops will be a first for the market David Jones will soon open a string of small high-end convenience stores across the wealthier suburbs of Australia where many of their customers live. In an $100 million investment across three years the 300 to 5000 square metre small-format shops will sell exclusive brands that aren't sold at regular supermarkets. David Jones food group executive Pieter de Wet said the shops would be a first for the Australian market. David Jones unveils plans to open string of classy convenience stores with 'exclusive, premium brands' in affluent suburbs to target its wealthy customers The small-format shops will open across the wealthier suburbs of Australia starting with their first store in Bondi Junction 'We are targeting exactly the same customer who shops at David Jones for their clothes: the top end of the market,' Mr de Wet told News.com.au. 'The stand-alone stores will have a very small footprint in suburban locations and be dominated by fresh. That's what our customers want — and if we want to offer them fresh food, we can't expect them to go into the CBD every time. We need to be a bit more convenient.' David Jones to move headquarters to Australia's 'fashion capital' Melbourne - and spend $200 MILLION upgrading flagship Sydney store Eventually 70% of product in the food halls will be the 'David Jones Food' brand. The chain will sell the premium food brand which derives from the philosophies of quality, freshness, flavour and innovation. Launching in Bondi Junction Westfield on August 3 followed by a food market in the Wollongong store before the Bourke Street Mall store opening in Melbourne. Upgrades have been made to the Marrket Street store, Sydney which include a new and enlarged food hall that is a part of the $200 million refurbishment of the David Jones Elizabeth Street flagship store which will be completed in 2019. Launching in Bondi Junction Westfield on August 3 followed by a food market in the Wollongong store before the Bourke Street Mall store opening in Melbourne Store chief executive John Dixon (pictured left with Chef Neil Perry) told the Sydney Morning Herald introducing the food is one of the biggest challenges the business has faced The food leadership team with over 100 years of international food experience will be helped by a team of more than 50 food buyers, developers and technologists. David Jones is currently assessing further locations for David Jones Food in existing stores and for stand alone food stores. Store chief executive John Dixon told the Sydney Morning Herald introducing the food is one of the biggest challenges the business has faced. 'Customers want an experience when they shop and food plays a very important function in driving shoppers to the store,' Mr Dixon said. 'We will be offering more private label David Jones products, as well as sourcing the best quality Australian food.' David Jones has taken on renowned chef Neil Perry to collaborate on the menu, which will include beef from Tasmania and wine from Canberra.
For the original version including any supplementary images or video, visit http://www.dailymail.co.uk/news/article-4634704/David-Jones-open-string-classy-convenience-stores.html
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Simply Be retailer N Brown closes five stores as sales lifted by online growth N Brown sells womenswear to the over 50s through its Simply Be range N Brown, the online retailer behind the Jacamo and Simply Be fashion brands, is shutting five of its shops after blaming weakening footfall and soaring business rates in the south east. The move comes despite the company posting upbeat sales figures for its first quarter, driven by strong online sales of its womenswear brands. Shares in N Brown were up by 15.5p, or 5.4pc to 300.3p in midday trading. Chief executive Angela Spindler, who has been spearheading the turnaround of the company from a dated catalogue business to online retailer, said that N Brown would be closing the shops to ensure the business had a profitable store estate. One of the Simpy Be and Jacamo dual-fascia stores earmarked for closure is its flagship shop on Oxford Street. "Footfall has softened across the industry and there has been the increase in business rates in the south which have added to the challenges and influenced our decision to close these shops", said Ms Spindler. Less than 3pc of N Brown revenues come from its 23 shops, with the rest from online. The company said that the closures will result in one-off costs between £10m and £14m. N Brown reported a 10.2pc lift n product sales during the 13 weeks to 3 June, driven by a 20.5pc jump in sales of its Simply Be clothes, which target plus-sized customers and 12.7pc lift in sales of its JD Williams range, which focuses on shoppers over 50. The sales performance was a significant improvement compared to the period last year when product sales were down by 1.6pc. Ms Spindler credited the upbeat sales performance to the company's new digital and technology investment which has meant N Brown can respond to fashion trends a lot faster and a "We are Curves" advertising campaign which she said "customers really bought into big time".
For the original version including any supplementary images or video, visit http://www.telegraph.co.uk/business/2017/06/20/simply-retailer-n-brown-closes-five-stores-sales-lifted-online/
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