Business

Tough trading conditions have been blamed for the write-down of David Jones.

David Jones' value slashed by a third

South African retailer Woolworths Holdings has written down the value of its $2.2 billion investment in David Jones by a third, as the department store's fortunes continue to wane. 

Workers at Domino's will get to vote on the new deal from January 2.

Domino's workers to vote on new wage deal

Workers at embattled pizza shop operator Domino's Pizza will have a week in early January to consider a new pay deal the company says offers better terms than the current award.

Steinhoff Asia Pacific owns brands including Fantastic Furniture, Freedom, Snooze and Harris Scarfe.

Fantastic Furniture owner hires advisers

The owner of brands including Freedom Furniture and Best & Less has hired financial advisers specialising in helping distressed companies, but says it remains profitable despite problems at its parent company.

Small Business