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

· theguardian.com · popularity 35/100 · 0 similar stories today

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Summary

Australia’s oldest department store collapsed into voluntary administration last week after years of steep losses Get our breaking news email , free app or daily news podcast David Jones is set to shutter half of its department store network, triggering mass job losses under a sweeping restructure, the appointed receivers said on Wednesday. David Jones employs more than 6,000 staff across 38 stores. Continue reading...

Found in: Guardian World. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 19.