One Turn Open the globe →

Economy · Sydney, Australia ·

David Jones department store enters administration

Australia's oldest department store collapsed after 188 years. Stores keep trading while receivers review operations.

Why it matters

Thousands of jobs are at risk.

Background

The chain had years of heavy losses.

Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

See it on the globe →All of Nov 4's stories

More on economy