# Mega blow for David Jones: Half of all stores will close down – with thousands set to lose their jobs

- URL: https://talkfuse.com/story/mega-blow-for-david-jones-half-of-all-stores-will-close-down-with-thousands-set-to-lose-their-jobs/
- Published: 2026-11-11T04:14:18+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16283089/Mega-blow-David-Jones-Half-stores-close-thousands-set-lose-jobs.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: Business, Economy, World

## Key points

- David Jones is expected to close about half its stores.
- Thousands of jobs are at risk.
- The retailer entered receivership after failing to pay rent.

## Summary

FTI Consulting, the receiver for Australian department store David Jones, is expected to announce plans to close about half its stores, putting thousands of jobs at risk. The closures would mark a major contraction for the 188-year-old retailer, which entered voluntary administration and receivership last week.

A plan reportedly provided to landlords by David Jones and owner Anchorage Capital Partners proposes shutting nine stores in Westfield malls, four of which were unprofitable. Other closures are said to involve sites operated by GPT, Stockland and Vicinity. The company’s financial collapse followed failed rescue talks with Scentre Group, Westfield’s parent, after David Jones failed to pay rent; the future of its roughly 6,000 staff is uncertain.

## Coverage

- [Daily Mail: Mega blow for David Jones: Half of all stores will close down – with thousands set to lose their jobs](https://www.dailymail.com/news/article-16283089/Mega-blow-David-Jones-Half-stores-close-thousands-set-lose-jobs.html?ns_mchannel=rss&ns_campaign=1490&ito=1490)
- [The Guardian: David Jones to close half its stores triggering mass job losses under ‘urgent restructure’](https://www.theguardian.com/business/2026/nov/11/david-jones-store-closures-administration-restructure)

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.