Australian retailer David Jones – sold at a loss by Woolworths – enters business rescue

News24 Business5 November 2026 at 05:55

Australia’s 188-year-old department store chain, David Jones, was placed ⁠into voluntary administration – similar to South Africa’s business rescue process – on Thursday as rising costs, sluggish retail sales and supply chain pressures ⁠weighed on its business.

This story was written and published by News24 Business. Business.co.za shows its headline and teaser from the publisher’s RSS feed and links to the original.