Three David Jones stores in Perth closing, with hundreds of jobs expected to be axed

Résumé détaillé
David Jones is set to shutter three of its five WA stores, with hundreds of jobs expected to go as administrators work to keep the 188-year-old retailer alive.
David Jones’ flagship Perth store in Hay Street Mall is one of three in the city to close as administrators work to keep the 188-year-old retailer alive.
The CBD store, as well as Garden City and Carousel, will be closed, with hundreds of jobs to be axed, receivers FTI Consulting said on Wednesday.
They are among a list of 19 of David Jones’ 38 stores set to be shuttered.
While there is no final date for the closures, FTI anticipates all affected stores will stop trading by the end of the year.
FTI said it had made the “difficult decision to proceed with an urgent restructure of the business”, in line with the plan put forward before David Jones collapsed into administration and receivership last Thursday.
“As part of this restructure, the receivers have commenced an immediate consultation process for all staff associated with 19 stores that have been identified for closure,” the receivers said.
“For the immediate term these stores will continue trading, and while there is no final date for the closures, we anticipate they will cease trading by the end of the year.
“David Jones staff have been informed today, with the consultation period continuing over the next seven days.”
A David Jones sales assistant in Perth told The West Australian she found out about the closure through workplace app Yoobic.
Début de l'article, extrait de The West Australian. Pour lire la suite, ouvrez l'article chez le média.
MarketNews présente le titre et le résumé publiés par le média. L'article complet se lit sur le site de l'éditeur. (thewest.com.au)


