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David Jones shutting half its stores doors. (2026, November 11). The Sydney Morning Herald. https://www.smh.com.au/national/david-jones-shutting-half-its-stores-doors-20261111-p61dde.html?ref=rss&utm_medium=rss&utm_source=rss_feed
“David Jones shutting half its stores doors.” The Sydney Morning Herald, 11 Nov. 2026, https://www.smh.com.au/national/david-jones-shutting-half-its-stores-doors-20261111-p61dde.html?ref=rss&utm_medium=rss&utm_source=rss_feed.
“David Jones shutting half its stores doors.” The Sydney Morning Herald, November 11, 2026. https://www.smh.com.au/national/david-jones-shutting-half-its-stores-doors-20261111-p61dde.html?ref=rss&utm_medium=rss&utm_source=rss_feed.
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The 188-year-old department store giant David Jones is undergoing an urgent restructure following its entry into voluntary administration in November 2026. Receivers FTI Consulting and McGrath Nicol announced on Wednesday, November 11, 2026, that the retailer will close 19 of its 38 stores across Australia and New Zealand before the end of the year. These closures are expected to trigger mass job losses for thousands of the retailer's 6,000 employees after the peak Christmas trading period. The affected locations include Macquarie Centre, Macarthur Square, Parramatta, Hornsby, Warringah Mall, Green Hills in East Maitland, and Wollongong Central in NSW, as well as Carousel, Garden City, Glen Waverley, Hay Street Mall, Malvern Central, Marion, Newmarket, and Robina Town Centre. The collapse reportedly followed a breakdown in negotiations with major landlord Westfield, with Scentre Group confirming that the retailer had not paid rent since September. While some suppliers expressed concern over lost business, others suggested a streamlined operation might boost sales in higher-performing stores. Property analysts noted that acute economic pain and mortgage stress in outer suburbs may have accelerated the brand's demise. Property giants are now preparing to lease out the vacated spaces, with Scentre Group reporting strong demand for the remaining floor space.
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Department store chain David Jones is set to close half of its locations by year's end following its entry into voluntary administration. The company, which has been struggling financially, will shutter these stores as part of a restructuring effort.
David Jones shutting half its stores doors (this article)3 articles from Sydney Morning Herald on this storyDavid Jones, an 188-year-old Australian retail giant, announced the closure of 19 stores across Australia and New Zealand, with the majority located in outer suburban areas. Property analyst Howard Penny attributes this move to the financial stress in these regions, exacerbated by recent interest rate hikes, leading to higher mortgage stress for residents. Retail expert Gary Mortimer notes that this decision…
Financial pain of outer suburbs fuelled demise of David Jones, experts say →3 articles from ABC News (AU) on this storyFTI Consulting, acting as receivers for David Jones, announced plans to close half of the retailer's 38 department stores due to urgent restructuring needs, resulting in job losses for over 6,000 employees. The closures are expected to take place by the end of the year but will continue trading while consultations proceed with affected staff. This move follows years of financial difficulties and a failure to compete…
David Jones to close half its stores triggering mass job losses under ‘urgent restructure’ →
