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The great retail reckoning is here – and it’s just getting started

The Australian Financial Review (AFR) •
November 04, 2026 • 07:41 AM
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The fallout will ripple through the economy as players shut stores, are picked off by opportunistic buyers or decide it’s too difficult to keep trading.

The great retail reckoning is here – and it’s just getting started

The great retail reckoning is upon us, and it still has some way to play out.

Just weeks before the busy Black Friday shopping period, venerable department store David Jones is teetering on the edge of administration, following a stand-off in negotiations with its landlords.

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