World News
David Jones to close half its stores triggering mass job losses under ‘urgent restructure’
Source: World news | The Guardian · Published
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.
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. David Jones employs more than 6,000 staff across 38 stores. Continue reading...
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