Skip to main content
World

David Jones to close half its stores triggering mass job losses under ‘urgent restructure’

David Jones to close half its stores triggering mass job losses under ‘urgent restructure’

Feed excerpt — reported by The Guardian

Australia’s oldest department store collapsed into voluntary administration last week after years of steep losses David Jones is set to shutter half its department store network, triggering mass job losses under a sweeping restructure, receivers FTI Consulting said on Wednesday.David Jones employs more than 6,000 staff across 38 stores. Continue reading…

MAP records observable characteristics of the original article (publisher, author, date, references, framing cues). MAP does not verify the article’s claims or score it. Read the full original story at The Guardian →

Original Source

This article was syndicated from The Guardian. All rights remain with the original publisher.