The department store chain’s losses widened to $96 million last year, though recent earnings suggest the company’s five-year turnaround plan is gaining traction.

Department store giant David Jones could be forced to close its doors after 188 years following major financial losses and growing pressure from online rivals.

The department store chain has delayed payments to luxury suppliers, including the owner of Christian Louboutin, and has cut staff, including its head of beauty.

There are mounting fears about the future of Australia’s oldest department store, David Jones, as the iconic chain faces rising costs and empty stores, while its competitors are going all out to win ...

ANALYSIS -- The radically changing retail landscape in Australia has claimed yet another victim, this time the iconic brand David Jones. The retailer confirmed the closure of its Castle Hill and ...

Following a run of concerning headlines about the once blue-chip chain’s future and the potential for deep cuts to its sprawling legacy of stores, they are now awaiting a $150m refinancing deal that ...

The department store synonymous with luxury appears to be struggling and, according to reports, may be closing for good amid growing pressure from financial rivals ...

SYDNEY — Australia’s Scentre Group has entered into a joint venture to purchase department store chain David Jones’ 78-year-old Market Street store and expand its Westfield Sydney luxury retail ...