David Jones

Shopping can and should be about more than just price or convenience. Moreover, for high street and main street retailer, concentrating only on price means losing the opportunity to build genuine brand loyalty or give shoppers a reason to enjoy their visit.

David Jones Ltd (DJS), one of Australia’s oldest and most recognised department stores was founded in Sydney in 1838 and is a retailer of diversified products ranging from clothes to daily home products. This report’s purpose is to provide the David Jones’ Board and Senior Management advice through the assessment of SWOT, resources, capabilities and strategies with a Balanced Scorecard and Strategy Map as the measurement of the strategies.

When examining competitive advantage, it is also important to consider the market and take into account the existing competition against larger firms.

On behalf Li & Partners consulting firm, we are pleased to present the strategic recommendation report. This reports divided into five sections. David Jones’ external and internal environments are discussed in the first two sections. The following section focuses on the identification of stakeholders and their interests. Our strategic recommendations to improve shareholder value are explained in the fourth section followed by the impact our recommendations have on stakeholders. A balance scorecard is constructed in the last section to illustrate the effect our strategic recommendations have on stakeholders and future company performance.

The following financial report provides an analysis of the financial ratios of David Jones with its close competitor in the retail sector, Myer. The financial ratios analyzed include profitability ratios, leverage ratios, efficiency ratios and market ratios for the two companies. The analysis utilizes individual company time-series analysis as well as industry cross-sectional analysis with the aim of determining the competitiveness of David Jones relative to its close competitor Myer.

Bigotry and stubbornness are perceptible attitudes of small-town communities in 1960's Western Australia. The notion that the inhabitants of the tight-knit community of Corrigan are racist, prejudiced and ignorant is explicated in Craig Silvey's coming of age novel, Jasper Jones. The bildungsroman is narrated by Charlie Bucktin, an adolescent from the small town of Corrigan. Charlie becomes unexpectedly involved with a local indigenous boy, Jasper, as they set out to discover the truth about the death of a young girl from their community. Throughout this quest, Charlie comes to many realisations about life, ultimately, that society can be very cruel. The prejudism and ignorance of the tight-knit community of Corrigan manifests in the

The threat of entry of the supermarket industry in US is low, which base on the analysis of the three major sources that related to the entry barriers. The first barrier is the economies of scale of the existing large supermarkets. When these incumbents achieved larger volume sales, they can have lower unit costs than new entrants, and it will very difficult for those new entrants to compete with them (Johnson, Whittington, &Scholes 2011). For example, Wal-Mart had invested in innovative procurement, automated distribution centre and bar coding to increase its economies of scale, and these investments created a great barriers for new small retailers to enter into the supermarket industry (Porter 2008). The second barrier is the incumbency advantages, which mean the incumbents established their own strengths that cannot be used by competitors (Porter 2008). For example, the top ten supermarkets in US have accumulated extensive experiences on how to run their businesses more efficiently than new entrants (Johnson, Whittington, &Scholes 2011). The subtle differentiation between the products that sold in supermarkets is the third barrier for new entrants. Because most of the product assortment is same or similar between each supermarket,

R v Andrew Leigh Jones pleaded guilty in the magistrate court to trafficking a controlled drug and well as 12 other offences that was brought up from the magistrate court to be sentenced in accordance to section 18 A. Some of the 12 other offences included 5 counts of failing to comply with bail agreements, 2 counts of driving while disqualified, 1 count of driving a motor vehicle without being authorised, one count of driving an unregistered vehicle, 1 count of driving an uninsured vehicle, 1 count of possessing a prohibited weapon and 1 count of unlawful possession. For trafficking a controlled drug a maximum penalty of 50,000 or imprisonment for 10 years while the other 12 offences accumulative not including drug trafficking

On the AMC hit television show, Mad Men, the main character Don Draper spoke very powerful words when he said, “People tell you who they are but we ignore it, because we want them to be who we want them to be.”. The main character of the novel written by Craig Silvey titled, Jasper Jones dealt with the troubles of, as Don Draper said, people ignoring who somebody is simply because we want them to be who we want. Set in 1965 in a small West Australian town called Corrigan, main character, Charlie Butkin is faced with the fear of being drafted into war with Vietnam and seeing his friends treated poorly by others because of racism. The novel kick starts, however, when Charlie is interrupted by Jason Jones tapping on his window asking Charlie

The industry we have chosen is the department store-retail industry. Within this industry, we have chosen the department stores of JCPenney and Macy’s. We find this industry, as well as these two companies, interesting from a strategic perspective. JCPenney has recently undergone a massive strategic restructuring in regards to its pricing, brand offerings, and store layout, pushing it away from the typical department store strategy of discounts and coupons. Its new strategy has become much closer to Wal-Mart’s strategy of every day low prices. Macy’s, on the other hand, has restructured with a push from the economic

The retail industry is saturated with substitutes, in part to low entry barriers. Online shopping and small boutiques stocking similar lines, brand names and designs provide David Jones potential customers with many substitutes. It is the David Jones experience that cannot be substituted; shopping in a large, upmarket department store. For the sector, substitutes are low.

This report presents data describing the differences amongst the two department stores, their fundamental visions, and comparative statistics. Macy’s or Dillard’s: Differences amongst these competitors There are several aspects you can analyze from each department store. Major pieces do set each one apart from the other. Brand names carried by Macy’s and Dillard’s from an average shoppers point of view can go completely unnoticed unless price is involved. For trend shoppers brand names can either make or break a retail store. It can easily determine if he or she will walk to Macy’s or Dillard’s because they already know the store does or does not carry that brand. This is consistent with each department throughout both stores and

The industry does not possess major threat from new entrants due to strong barriers to entry and strong competition for retail space. There is also a strong rivalry between competitors as limited space is being contested by major players alongside

David Jones Limited is a foreign-owned public company. It is owned by South African Woolworths Holding Limited. The company operates department store in Australia. There are 39 department stores existing across all states and territories in Australia. David Jones department store has a wide range of product to select, from ladies fashion, shoes and accessories, menswear, children’s wear, cosmetics, home decors, school supplies, office supply and many more. The company also offers financial services in alliance with American Express. Furthermore, the company also offers other products and services that include insurance cards, gift cards, online shopping, gift registry, hampers, flowers, food hall, The Rose Clinic health screening and interior decorating, (IBIS World, 2013)

This behavior brings competitive advantages to the European luxury brands. Moreover, customers in different countries have different purchase behaviors. For instance, some countries’ customers are willing to move away from common recognized brand, because they want to purchase more exclusive products. Furthermore, because of the increasing speed of globalization, people are more likely willing to travel between different countries. These travelers will buy luxury good during their trips. In fact, Chinese tourists contributed over one third of sales in Europe. The luxury goods industry should notice to adjust the actual demand between local people and tourists in Europe