world · · Source: The Guardian
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 into voluntary administration, putting thousands of jobs at risk amid warnings “difficult decisions” lie ahead to salvage the 188-year-old…