EconomyDavid Jones enters administration, putting thousands of jobs at risk

Australian department store David Jones has entered voluntary administration, putting more than 6,000 jobs at risk. After years of losses, underperforming stores and unpaid rent, talks with its main landlord, Scentre Group, collapsed. Administrators will restructure the business, while store closures are expected to follow.

corporate restructuringretailjobsAustralia

TThe Guardian★★★☆☆2026-11-04 22:40Original