David Jones has reported an 0.7% decline in same-store sales for the financial year.

This is the first time full year sales have dropped since its $2.2 billion acquisition by South African-based Woolworths.

At the half year David Jones’ comparable store sales had only grown by 0.5 per cent.

"Whilst relevant market share has grown, sales growth slowed in the second half as falling consumer confidence resulted in lower footfall," Woolworths said in a statement.

Woolworths revealed while overall sales grew by 1% in Australian dollar terms, the termination of David Jones' Dick Smith electronics concession impacted growth by 1%.

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