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David Jones to close half its stores, triggering mass job losses in ‘urgent restructure’


Australia’s oldest department store collapsed into voluntary administration last week after years of steep losses

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David Jones is set to shutter half its department store network, triggering mass job losses under a sweeping restructure, receivers FTI Consulting said on Wednesday.

David Jones employs more than 6,000 staff across 38 stores.

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Source link : https://www.theguardian.com/business/2026/nov/11/david-jones-store-closures-administration-restructure

Author : Jonathan Barrett and Luca Ittimani

Publish date : 2026-11-11 03:59:00

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