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

Source: The Guardian ·

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

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.

Read the full story at The Guardian

Shared from the GodsView world desk: live wires next to a globe of flights, ships, fires, and quakes.

More from the world desk