David Jones goes into administration, with store closures expected and thousands of jobs at risk

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Guardian World

David Jones goes into administration, with store closures expected and thousands of jobs at risk

Future of department store in jeopardy after administrators appointed on Thursday morning Get our breaking news email, free app or daily news podcast Australia’s premier upmarket department store David Jones has collapsed into voluntary administration, putting thousands of jobs at risk and leaving the future of the 188-year-old retailer hanging in the balance. The upheaval follows years of steep losses and underper…