David Jones to close half its stores, risking thousands of jobs
Retail giant David Jones announced it will close half of its stores, potentially resulting in thousands of job losses. The drastic measure highlights the growing competition from online marketplaces like Vinted and Depop, which have taken significant market share. This shift reflects changing consumer habits as shopping increasingly moves to digital platforms.
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Published 12 Nov 2026, 00:00 UTC · Updated 12 Nov 2026, 00:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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