David Jones goes into administration, with thousands of jobs at risk
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This story is aggregated from The Guardian (theguardian.com). Full reporting rights and copyright belong to the primary publisher.
Future of department store in jeopardy after administrators appointed on Thursday morningGet our breaking news email, free app or daily news podcastAustralia’s premier upmarket department store David Jones has collapsed into voluntary administration, putting thousands of jobs at ...
Future of department store in jeopardy after administrators appointed on Thursday morning
Get our breaking news email, free app or daily news podcast
Australia’s premier upmarket department store David Jones has collapsed into voluntary administration, putting thousands of jobs at risk and leaving the future of the 188-year-old retailer hanging in the balance.
The upheaval follows years of steep losses and underperforming stores that left the heritage retailer falling behind on rent, culminating in a breakdown of negotiations with its primary landlord, Westfield owner Scentre Group.
Continue reading...Original Source
https://www.theguardian.com/business/2026/nov/05/david-jones-stores-closing-down-collapse-administration

