The department store chain’s losses widened to $96 million last year, though recent earnings suggest the company’s five-year turnaround plan is gaining traction.
Department store giant David Jones could be forced to close its doors after 188 years following major financial losses and growing pressure from online rivals.
The department store chain has delayed payments to luxury suppliers, including the owner of Christian Louboutin, and has cut staff, including its head of beauty.
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'Behind the eight ball': What the David Jones closures mean for the future of department stores in Australia
ANALYSIS -- The radically changing retail landscape in Australia has claimed yet another victim, this time the iconic brand David Jones. The retailer confirmed the closure of its Castle Hill and ...
There are mounting fears about the future of Australia’s oldest department store, David Jones, as the iconic chain faces rising costs and empty stores, while its competitors are going all out to win ...
Following a run of concerning headlines about the once blue-chip chain’s future and the potential for deep cuts to its sprawling legacy of stores, they are now awaiting a $150m refinancing deal that ...
David Jones reveals $95m loss as CEO Scott Fyfe fast-tracks 2026 results to silence collapse rumours
David Jones chief executive Scott Fyfe concedes retail isn’t for the faint‑hearted as cost‑of‑living pressures, soaring fuel prices, higher interest rates and accelerating inflation make shoppers ...
When David Jones unveiled the first food hall at its flagship Sydney department store in 1936, it was heralded as a sign of ...
David Jones has permanently closed its two-level store at the massive Mt Gravatt shopping centre in Brisbane’s south in the ...
SYDNEY — Australia’s Scentre Group has entered into a joint venture to purchase department store chain David Jones’ 78-year-old Market Street store and expand its Westfield Sydney luxury retail ...
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