David Jones is folding after 188 years. The British Broadcasting Corporation confirmed the failure of the Australian department store chain. The Guardian says the company will close half of its stores in an urgent restructure, leading to mass job losses.
News.com.au lists nineteen locations shutting down, including the Warringah Mall location. The Australian Broadcasting Corporation says the closures could create a unique opportunity for large shopping centres. The Manly Observer identified the Warringah Mall tenant as one of the shutdowns.
“The Australian Broadcasting Corporation says the closures could create a unique opportunity for large shopping centres,” — Amara Sterling, policy watcher at Cedarburn Ford Practice, added during the briefing.
Timeline
Nov 10 — The British Broadcasting Corporation confirmed the failure of the Australian department store chain....
Nov 12 — The Manly Observer identified the Warringah Mall tenant as one of the shutdowns....
This story has been closely followed by our readers since Nov 12. The Cedarburn Ford Practice desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Cedarburn Ford Practice desk and last updated 07:36 UTC.