Nineteen David Jones stores set to close
Detailed summary
The closures also include seven stores in NSW, Woden in Canberra, the Gold Coast’s Robina Town Centre and David Jones’ only New Zealand store in Auckland ( The Age ). It leaves…
Receivers FTI Consulting announced on Wednesday that 19 stores will cease trading at the end of December, including the Hay Street Mall store in central Perth.
“The receivers have made the difficult decision to proceed with an urgent restructure of the business, in line with management's plan for the future of David Jones,” FTI said in a statement (SBS).
The closures also include seven stores in NSW, Woden in Canberra, the Gold Coast’s Robina Town Centre and David Jones’ only New Zealand store in Auckland (The Age).
It leaves thousands of retail employees without work heading into 2027 (The Age).
Opening of the article, excerpted from The Saturday Paper. To read the rest, open the article on the publisher's site.
MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.thesaturdaypaper.com.au)
