/ 18 January 2023

Dumping David Jones will boost Woolworths

Woolworths Sells Department Store David Jones To Anchorage
The sale of David Jones means Woolworths has lost its foothold in Australia and its desire to be the biggest retailer in the Southern Hemisphere. (Brent Lewin/Bloomberg via Getty Images)
Woolworths is in a better position now than it was when it bought the Australian department store

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