David Jones, Australia’s oldest department store, has entered a collapse process after 188 years in operation, with receivers appointed to review the business.
The retailer’s 38 physical stores and online sites will continue to operate while the review takes place. No immediate closure of the stores or online services has been announced.
The receivers’ assessment will determine the next steps for the department store brand and its operations. The available information does not provide further details about the reasons for the collapse or the potential impact on staff, customers or suppliers.
For now, David Jones remains trading through its shops and digital services as the review continues. Further developments are expected once the receivers have assessed the business.