Finance2 sources

David Jones faces administration after failed landlord talks

  • David Jones, a 188-year-old department store, is poised to fall into administration.
  • Talks with its primary landlord, Scentre Group, failed to reach an agreement.
  • Five David Jones stores are in immediate danger of closure.
  • The company has been losing millions, exacerbating its financial difficulties.
  • The future of the upmarket department store chain is now uncertain.
David Jones faces administration after failed landlord talks | Split Angle