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Who is the south african retail giant behind the david jones bid By gary mortimer, queensland university of technology Yesterday morning came the news south african retailer woolworths had offered $4 a share to acquire david jones, a proposal that has the approval of the department store's board.This offer, worth an estimated a$2.15 billion, represents a 25% premium over the current share price value.An earlier offer, from rival myer, was rejected earlier this year. Woolworths sa has been one of the biggest south african retailers since the early 1930s, primarily targeting middle class and wealthy consumers.The company's first foray into department stores came after world war 2, when it established strategic links with british retailer marks spencers and modelled their stores on the british retailer's layout and design.Although a close relationship still exists between them, neither has vested financial interests in the other today. Woolworths sa operates a number of dif ... Read more » |
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Why are people obsessed with buying status symbols A status symbol is usually products or real estate people buy to impress other people or they have reached the level of success they wanted to achieve.When some people become financially successful they will go and buy status symbols such as luxury vehicles and designer clothes that will show everybody that they are successful.The label the media and other people have put on products as being status symbols can cause several people to try to obtain these items when they know they can't afford it.There is so much news in the media about the kind of cars and products celebrities have and it has caused a lot of people to go into to debt just to have the same products as the celebrities.The companies that make these status symbols love it when celebrities are wearing, driving, or endorsing their products because their sales increase. Three examples of celebrities that influence the products people buy are oprah, michelle obama and s ... Read more » |
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Why do men feel compelled to tell us their opinions on our appearances as though we dress the way we do strictly for them Please follow reddiquette. Equanimity:No drama inducing crossposting of content found in other subreddits, or vice versa.Likewise, posts found to direct odious influxes here cheap louis vuitton handbags may be removed. Grace:No tactless posts generalising gender.We are a welcoming community.Rights of all genders are supported here. Relevance:Please submit content that is relevant to our experiences as women, for women, or about women. Images:No direct links to images, except on image fest friday(Iff).To post an image during the week, do so within a self post and with some added context. Post all memes and rage comics to /r/trollxchromosomes. Fundraising:No links to fundraising pages, please.As a community, we not set up for screening each funding request. Please read our faq for mor ... Read more » |