Australia's oldest department store David Jones collapses after 188 years

Summary
The brand's 38 physical stores and online site will continue to operate while receivers review its operations. Covered by 5 outlets: 1 lean left, 3 are centre, 1 lean right.
Automated summary picked from the outlets' own descriptions.
Who is covering this
-
‘Barry Humphries pulled a funny face at me’: Laudie, 90, on 15 years working at David Jones
As the historic retailer faces collapse, former employees who devoted decades of their lives to David Jones reflect on what it means to them.
-
In layman’s terms, this is what is happening at David Jones
Can you be in administration and have receivers? Yes, and it is happening at David Jones, which is seeking to restructure but will likely face challenges.
-
Stock already being cleared as David Jones goes into administration
David Jones customers have rushed to spend gift cards hours after news broke the retailer's future was in serious jeopardy.
-
The billionaire who’s a winner from David Jones’ collapse
The collapse of David Jones is expected to give its rival Myer a boost, as reflected in the surging Myer share price.
-
David Jones goes into administration, with store closures expected and thousands of jobs at risk
Future of Australia’s upmarket department store in jeopardy after years of steep losses, and outer suburban and regional locations vulnerable Get our breaking news email , free app or daily news podcast Australia’s premier upmarket department store David Jones has collapsed...
-
One is the 188-year-old grand dame of the retail world. The other is a 13-year-old tech darling. Are David Jones and Canva's troubles the 'canaries in the coal mine' for the Australian economy?
On Wednesday, the Australian tech giant Canva told more than 1,200 staff around the world that they would lose their jobs. On Thursday, administrators took charge of David Jones.
-
Australia's oldest department store David Jones collapses after 188 years
The brand's 38 physical stores and online site will continue to operate while receivers review its operations.
-
There was no other store like David Jones. I’m sorry for my part in its demise
I first went to David Jones as a small child and then shopped there regularly, until I didn’t. Like the rest of Australia.
-
Australia's 188-year-old retailer David Jones enters administration, faces sale - Reuters
Australia's 188-year-old retailer David Jones enters administration, faces sale Reuters
-
David Jones collapses
Retail giant David Jones has officially entered voluntary administration, with thousands of jobs at risk.
-
188-Year-Old David Jones Collapses After Landlord Talks Fail
Shoppers are seen outside the Bourke Street Mall Shopping centre in Melbourne, Australia, on May 3, 2022. (Asanka Ratnayake/Getty Images)
Low reliability sourceElevated risk -
David Jones collapses into administration with store closures expected before Christmas
Iconic Australian department store David Jones has plunged into administration.
-
Administrators appointed to David Jones, store closures expected before Christmas
David Jones’s owners have appointed administrators which is expected to trigger an extensive restructure of the company and thousands of job losses.
-
D-day for David Jones
The fate of beleaguered retail giant David Jones could be decided today.
-
David Jones is on shaky ground. Here's what consumers should know
If David Jones goes belly-up, consumers could be out of pocket. Here's what the experts say shoppers should consider to avoid a Christmas nightmare.
-
David Jones failed to pay rent for Westfield stores, landlord says
Westfield’s parent company says David Jones is in breach of its tenancy agreement after failing to pay rent last month, as the embattled department store giant reportedly nears administration.
-
David Jones on brink of collapse and behind on rent to Westfield
One of David Jones's biggest landlords says the department store is in breach of its rental agreements and has not paid since September.
-
It’s minutes to midnight: David Jones has run out of survival options
The biggest Black Friday sale this year could be David Jones itself after the department store operator’s last hope for a rescue deal collapsed.
-
David Jones on the brink as department store rejects 'lifeline' - as dozens of stores are set to close across Australia
Founded in 1838, the Aussie retailer is recognised as the oldest continuously operating department store in the world still trading under its original name.
-
On the edge: David Jones stopped paying rent on major stores
David Jones is facing collapse amid reports crucial negotiations with its landlords have failed.
-
188-Year-Old David Jones Could Close More Than Half Its Stores
A shopper waits for the opening of the David Jones flagship store in Elizabeth Street for the commencement of the Boxing Dy Sale in Sydney, Australia on Dec. 26, 2023. (Jenny Evans/Getty Images)
Low reliability sourceElevated risk -
David Jones to shut dozens of loss-making stores across Australia - as expert warns it has been in trouble for 'some time'
A retail expert said it is inevitable that David Jones will not be around in the 'very near future'.
-
‘Alarming’: David Jones workers brace for job losses as store closures loom
The union representing thousands of David Jones workers is planning for the worst as the troubled department store chain prepares to close up to half its stores.















Comments
Comments need JavaScript.