EconomyAustralia’s 188-year-old retailer David Jones enters administration, faces sale

Australian department store chain David Jones was placed into voluntary administration on Thursday as rising costs, sluggish retail sales and supply-chain pressures weighed on its business. The retailer now faces a sale.

David Jonesretailcorporate restructuring

RReuters★★★☆☆2026-11-05 04:50Original