Mmastodon BusinessFinance first seen 1 d ago, last 21 h ago, peak #4

David Jones could emerge from administration a very different retailer

Original: How David Jones could emerge from administration a very different retailer It's the world's oldest department store. But

Australian department store chain David Jones is reportedly facing administration, with commentary suggesting the company could emerge as a very different retailer. Founded in 1838, it is described as the world's oldest department store, but its inability to keep pace with changing consumer habits could mark the end of the business in its current form.

Why now: unclear

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Evidence

• How David Jones could emerge from administration a very different retailer It's the world's oldest department store. But David Jones' inability to keep up with consumers could see its end. https://www. sbs.com.au/news/article/how-da… · sbsfeed@rssfeed.media

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