ABC News & Headlines – Australian Broadcasting Corporation·3 min read·medium

David Jones's receiver set to close significant number of stores

E
Emilia Terzon, Stephanie Chalmers, Liana Walker, Michael Atkin
David Jones's receiver set to close significant number of stores
✦AI Summary

Retailer David Jones is set to close 19 of its 38 stores following its entry into voluntary administration. The company is currently managing a consultation period for affected staff and has warned customers of potential delivery delays.

Why it matters

The closure of a major department store chain reflects broader challenges in the retail sector and impacts local employment and consumer access.

✦Dive DeeperCreate a free account to unlock

A retail analyst says David Jones has too many stores. ( ABC News: Fletcher Yeung )

Department store David Jones's receiver is set to close half of its 38 stores.

The retailer was placed into voluntary administration less than a week ago, with McGrathNicol appointed as administrator.

The affected stores are expected to close later in the year, with stock being discounted or sent to other locations.

Link copied Share Share article David Jones's receiver has confirmed it will close 19 of the retailer's 38 stores.

ABC News has also seen correspondence sent to staff and suppliers confirming the store closures.

The sites affected include a store in Sydney's Parramatta, three in Victoria and sites on the Gold Coast and Sunshine Coast in Queensland.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →

Headlinne story · 7 newsrooms

David Jones Receivers Plan to Close Half of Retailer’s Store Network

What every outlet reported, where they differ, and how each framed it →

Also covering this story

5 other newsrooms covered this event. We read each version separately.

businesseconomy
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in