Receivers to shut up to half of David Jones stores, possibly leaving only 12 open

Receivers plan to shut down up to half of David Jones' 38 department stores, leaving as few as 12 locations operating. The decision follows the retailer's entry into voluntary administration less than a week ago and aims to make the business viable. Suppliers have been told closures will be announced within hours, and staff at the affected sites are currently being briefed, with formal notices expected later today. Analysts had previously flagged regional outlets, especially in Western Sydney, as likely candidates, and the latest list confirms stores in Parramatta, Hornsby, Woden, Cannington and Cheltenham as most at risk. Additional locations identified by financial firm MST Marquee include Warringah Mall, Robina, Indooroopilly, Sunshine Plaza, Marion, Doncaster, Booragoon and Karrinyup. Premium suburban sites such as Melbourne's Chadstone Mall and Sydney's Chatswood Chase are expected to survive. Suppliers report that 19 struggling stores have not received new stock, and the closures could result in the dismissal of thousands of workers from David Jones' roughly 6,000‑strong workforce. Documents show that private‑equity owners met with insolvency specialists McGrathNicol and lender Hilco as early as July to explore restructuring, and that the retailer had previously asked suppliers to extend payment terms to 90 or 120 days. Hundreds of suppliers remain unpaid after the collapse, and a creditors' meeting is set for 11 a.m. on 17 November via Zoom, with claim forms due by 16 November. Gift‑card holders are being asked to register their claims online.

Context

The closures reflect broader pressure on Australian department stores, where shifting consumer habits and high operating costs have forced several legacy retailers into administration in recent years.