Retail in Asia

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David Jones to add more staff and stores

Troubled retailer David Jones plans to create up to 300 new jobs to improve customer service and to open more stores as it battles to restore its fortunes.

The Australian department store chain yesterday warned its net profit for the 2011/12 financial year would plunge by up to 40 percent after it reported its first half earnings dropped by a fifth.

David Jones outlined plans for a massive revamp of its business in the hope it will get customers back in its stores and splashing their cash.

(Source: The Australian)