business

Breaking: Significant number of David Jones stores set to close

Breaking: Significant number of David Jones stores set to close

David Jones's receiver is set to close a significant chunk of the retailer's department stores.

Staff in the affected locations are currently being briefed, with more formal announcements expected later today.

The retailer was put into voluntary administration less than a week ago.

Analysts have previously earmarked regional sites and outlets in places like Western Sydney as ripe for closure.

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