Breaking News
David Jones’ future looks grim. Is Myer next?
The Guardian World
Saturday 14 November 2026, 23:00 UTC
By Jonathan Barrett Business editor
1 min read
Key Points
With Myer’s profitability battered and share price languishing near all-time lows, DJs’ slide into administration raises an uncomfortable questionGet our breaking news email, free app or daily news podcastWhen the retailer’s doors slide open, shoppers are greeted by rows of slashed price tags, frantic discounting, and all the other hallmarks of a department store closing down. Except, this isn’t David Jones, the embattled upmarket retailer that is shutting half its 38 stores.
With Myer’s profitability battered and share price languishing near all-time lows, DJs’ slide into administration raises an uncomfortable question
When the retailer’s doors slide open, shoppers are greeted by rows of slashed price tags, frantic discounting, and all the other hallmarks of a department store closing down.
Except, this isn’t David Jones, the embattled upmarket retailer that is shutting half its 38 stores.
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Originally published by The Guardian World
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