7 News
·australia
·7 hours ago
Australia's oldest department store David Jones facing financial collapse after 188 years
David Jones, Australia's oldest department store, faces financial collapse with 188-year history. The company is reportedly on the verge of bankruptcy due to declining sales, supply chain issues, and financial instability. ERICA BERTCHOLD, CEO, is in advanced discussions with stakeholders to address these challenges.
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Published 30 Oct 2026, 03:21 UTC · Updated 30 Oct 2026, 03:31 UTC
Summary by OZbrief Editorial. Original report: 7 News. Editorial policy · Corrections
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