As the venerable department store chain desperately tries to save itself, it is asking landlords for big favours.
David Jones management is trying everything to save the 188-year-old iconic retailer.
It squeezed a little bit of new money out of its lender, asked owner Anchorage Capital Partners for help, has changed suppliers’ terms, is pushing its auditor PwC to the brink and pinning its hopes on strong Christmas sales.
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Property giants that operate some of Sydney’s biggest shopping centres are scrambling to decide how they will fill the spaces vacated by the collapsed retailer.
See the full list of store closures.
David Jones's receiver is set to close a significant chunk of the retailer's department stores.
Increasingly, I walk through the fashion floors and feel as though the store is looking past me, towards a younger woman it would rather attract.
The Swansea-born star got her big break in The Mask of Zorro which cemented her place as an A-lister.
