David Jones’ only NZ store earmarked for closure in major restructure
David Jones is set to close its only New Zealand store at Westfield Newmarket by the end of 2026 as part of a major restructuring. The company has entered voluntary administration and is consulting with staff across 19 stores in Australia and New Zealand.
Why it matters
The closure marks the exit of a major retail brand from the New Zealand market and highlights the financial instability facing traditional department store chains.
New Zealand’s only David Jones store, at Westfield Newmarket, is earmarked to close by the end of 2026 as part of a major restructure of the department store chain.
Receivers have begun consulting staff over the proposed closure of 19 stores across Australia and New Zealand.
David Jones was placed into voluntary administration and receivership last week after a breakdown in discussions between the company and landlords.
The 188-year-old business employs more than 6000 staff across its 38 stores in Australia and New Zealand, and has had its Newmarket location since 2019.
Receivers Christopher Hill, David McGrath and Joanne Dunn of FTI Consulting confirmed in a statement they had made the “difficult decision to proceed with an urgent restructure of the business”.
Headlinne story · 7 newsrooms
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