THE upmarket department store David Jones has streaked ahead of its rival Myer to record superior sales during the crucial Christmas trading period and unveil a profit upgrade, thanks to a marked improvement in consumer confidence. The chief executive of David Jones, Mark McInnes, refused

Last week Brookes doubled his guidance for Myer’s first half earnings to 10 per cent. Today David Jones’s Mark McInnes matched this call. What’s more David Jones raised the stakes by announcing that its sales for the six months to January 23 were up 2.2 per cent compared with Myer which

The upmarket department store chain reported sales revenue for the six months to January 23 of $1.087 billion, up from $1.062 billion in the previous comparable period. On a like-for-like store basis, sales were up 2.2 per cent. For the second quarter of 2009/10, sales were up 2.4

JPMorgan will take up 16,700 square metres of the tower at 85 Castlereagh Street, which should be completed in the second quarter of 2012. JPMorgan is at present at Grosvenor Place, and has been reviewing its lease for some months. Westfield said the addition of the new tower would bring the