Australia's David Jones department store enters receivership after 188 years
The historic retailer's stores and online operations will continue while administrators assess the business.
At a glance
- David Jones has operated for 188 years before entering receivership
- The company runs 38 physical stores and online operations
- Stores and websites will continue operating during the receivership process
- Receivers are reviewing the business's operations
David Jones, Australia's oldest department store, has entered receivership after nearly two centuries in operation. The company operates 38 physical stores and online retail sites, which will remain open during the review process.
Receivers have been appointed to assess the business operations as the retailer navigates financial difficulties.
Why it matters
The collapse of a major Australian retailer reflects ongoing challenges facing traditional department stores in the digital retail era.
Original reporting
- BBC News — BusinessAustralia's oldest department store David Jones collapses after 188 years
This brief was written with AI assistance from the reports listed above and checked against our editorial policy. Spotted an error? Request a correction.
