Commentators are upbeat on the department store's performance in a tough sector, though one points out it still has a long way to go to catch up with Myer.

David Jones shares managed a 4 per cent gain in a down market as investors responded positively to the company’s results that were lower, but not as much as expected. Australia’s business commentators pore over those numbers to examine just how much progress David Jones boss Paul Zahra has made modernising the company’s strategy and just what shape that strategy takes.

Also in this morning’s double shot from The Distillery, two of Australia’s premier business commentators explain just how significant the latest report on iron ore markets from Goldman Sachs is four our big miners and broader economy.



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