It’s safe to say that Woolworths’ acquisition of Australian brand David Jones hasn’t gone to plan.
Sometimes top dogs at big companies make their exit amongst great fanfare to hang up their boots. Other times no one knows just what went down.
Woolworths recently announced that it was acquiring David Jones, ‘Australia’s oldest and most prominent department chain’ for R23.3 billion. But recent reports suggest that the gigantic deal might be under threat.