Advertise with

David Thomas resigned with immediate effect for personal reasons — echoing the departure of Iain Nairn in 2014.
David Thomas resigned with immediate effect for personal reasons — echoing the departure of Iain Nairn in 2014.

Woolworths loses third David Jones CEO


By Robert Laing - Feb 7th, 13:20

The CEO of Woolworths’s Australian department store chain David Jones has resigned after less than two years in the job, and the JSE-listed retailer is now headhunting its fourth CEO for its Australian chain since it acquired it in 2014. 

Woolworths said David Thomas had resigned with immediate effect for personal reasons — echoing the departure of Iain Nairn who resigned for personal reasons shortly after the SA group acquired David Jones.

Nairn was replaced by John Dixon, who was subsequently promoted to Woolworths’s overall CEO of its Australian operations.

In April 2017, Woolworths announced a structure in which Thomas was promoted to David Jones CEO, and he, along with Country Road CEO Scott Fyfe, reported to Dixon.

But then in May 2018, Woolworths announced it had decided to eliminate Dixon’s position, and Thomas and Fyfe would now report directly to the group’s CEO, Ian Moir.

Woolworths said Moir will work directly with the David Jones management team until Thomas’s replacement is announced in due course.
Business Live 

Related News

Checkers brings world-class retail to Constantia with new flagship store
27/11/2019 - 13:01
Checkers has opened the doors to its state-of-the-art 2 330 m² flagship supermarket at the Constantia Emporium as the retailer continues to take innovation to new heights.

Woolworths carves out market share in SA
27/11/2019 - 10:11
In Australia, David Jones's sales declined 2.1%, with the company saying a store refurbishment contributed to the decline.

Push and pull strategies work together to keep consumers coming back for more
26/11/2019 - 10:20
The retail sector is under increasing pressure as consumers have shrinking disposable income in a strained economy. Maintaining share of wallet is critical. Relying solely on a push route to market strategy from manufacturers into retailers is not enough to get consumers buying products. A pull strategy needs to coexist with the push to drive brand consumption. Integrating these strategies requires intelligent and insightful decision-making. This, in turn, requires data generated through smart technology which provides line of sight across the value chain from manufacturer to distribution, retailer to the consumer.

Exclusive leases must fall: Commission cracks whip on Shoprite, Pick n pay, Spar, Woolies
26/11/2019 - 09:57
The Competition Commission Inquiry into Grocery Retail, published on Monday, called for an end to the exclusive leases negotiated by national retail chains in all shopping malls across the country in a bid to open up access to markets for smaller players.

Tiger Brands still reeling from listeriosis aftershock
26/11/2019 - 09:41
Tiger Brands continued to feel the effects of the listeriosis outbreak in the year to the end of September after the food producer suffered an impairment charge in its value-added meat products (Vamp), following a slower-than-anticipated recovery in the division.