David Jones, Australia's oldest department store, is set to shutter half of its 38-store network under a sweeping restructure announced by appointed receivers on Wednesday. The move is expected to trigger mass job losses across the company's workforce of more than 6,000 staff. The retailer collapsed into voluntary
Australia’s oldest department store collapsed into voluntary administration last week after years of steep lossesGet our breaking news email, free app or daily news podcastDavid Jones is set to shutter half of its department store network, triggering mass job losses under a sweeping restructure, the appointed receivers said on Wednesday.David Jones employs more than 6,000 staff across 38 stores. Continue reading...
