David Jones crisis deepens with empty Perth stores
David Jones has entered administration, with its Perth stores showing empty shelves as brands withdraw stock and the company owes almost $1.5 million in rent at its CBD flagship location alone. Approximately 650 Western Australian jobs are at risk, with customers rushing to spend gift cards before they potentially become worthless. The first creditors' meeting is scheduled for Tuesday as the iconic retail giant seeks a lifeline.
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.