The Aporia
Yun, J., & Kruger, C. (2026, November 3). ‘Alarming’: David Jones workers brace for job losses as store closures loom. The Sydney Morning Herald. https://www.smh.com.au/business/companies/alarming-david-jones-workers-brace-for-job-losses-as-store-closures-loom-20261103-p61av0.html?ref=rss&utm_medium=rss&utm_source=rss_feed
Yun, Jessica, and Colin Kruger. “‘Alarming’: David Jones workers brace for job losses as store closures loom.” The Sydney Morning Herald, 3 Nov. 2026, https://www.smh.com.au/business/companies/alarming-david-jones-workers-brace-for-job-losses-as-store-closures-loom-20261103-p61av0.html?ref=rss&utm_medium=rss&utm_source=rss_feed.
Yun, Jessica, and Colin Kruger. “‘Alarming’: David Jones workers brace for job losses as store closures loom.” The Sydney Morning Herald, November 3, 2026. https://www.smh.com.au/business/companies/alarming-david-jones-workers-brace-for-job-losses-as-store-closures-loom-20261103-p61av0.html?ref=rss&utm_medium=rss&utm_source=rss_feed.
Dated from the outlet's own feed. Check the original for its byline.
As of November 3, 2026, David Jones, an iconic Australian department store chain, is set to close dozens of its stores across Australia as part of a review aimed at reducing its national footprint. The retailer currently operates 38 stores in Australia and New Zealand but plans to reduce this number to between 12 and 20 locations. Specifically, five loss-making stores located in Westfield shopping centers in Perth, Sydney, Canberra, and Melbourne are under consideration for closure.
The company's financial troubles have escalated, with sales declining to $2 billion and losses increasing to more than $95 million in the 2025 fiscal year. The union representing David Jones employees, the Shop, Distributive and Allied Employees’ Association (SDA), is concerned about potential job losses, as thousands of workers could be affected if the retailer goes into administration. The SDA has prioritized protecting employee entitlements and ensuring that as many workers as possible remain employed.
Meanwhile, distressed business lender Hilco Capital has provided funding to David Jones to help it through critical sales periods like Black Friday and December, indicating ongoing financial struggles for the retailer.