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“Flawed from the outset”: Behind the downfall of David Jones Food

Woolworths Holdings, the South Africa-based parent of David Jones, is exploring a very different direction for the David Jones Food business in a bid to stem the $15 million annual losses.  Since March, David Jones has closed three of its food stores and in recent weeks, it announced that it was ending its partnership with convenience chain BP. Speaking on a conference call last week, Woolworths Holdings chief executive Roy Bagattini told investors that the measures taken are part of plans
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