@7newsaustralia: Australia's oldest department store David Jones is facing a severe financial crisis and potential collapse. The luxury retailer has struggled to pay suppliers and lost major brands. #davidjones #retailcrisis #luxuryretail #business

7NEWS Australia
7NEWS Australia
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Region: AU
Friday 30 October 2026 03:31:32 GMT
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pinkuuuuuuuuuu00
pinku :
let's be real, we only use David Jones to enter & exit the malls 😂
2026-10-30 04:33:50
5961
louieb.tch
louie :
Who tf goes there anymore
2026-10-30 03:50:48
5418
rock.hard146
Rock Hard :
Labor’s Australia
2026-10-30 05:13:54
67
2sayrena
serena :
omg noooo i hope they have an 80% of closing sale
2026-10-30 05:53:12
163
alterperspective
alter :
Service is terrible and most products are cheaply made but charge an unreasonable premium. I don't know how they expect to make sustainable sales targets when their prices are beyond their targeted demographics during an almost decade long cost of living crisis
2026-10-30 06:20:08
38
imnullnvoid
NullVoid93 :
so if it survived the great depression, but the current cost of living crisis takes it out .. then aren't we in another, greater depression?
2026-10-30 05:25:55
980
deathlybliss
bryanbliss :
To be fair black friday deals has become corrupted. Deals don’t really even exist in most cases
2026-10-30 04:01:33
1552
catswish1
Catp :
we are all broke
2026-10-30 04:25:48
287
luke.ennis
Luke :
Now where do I buy my niches?
2026-10-30 07:07:47
1
kimmyjbow
𝓚𝓲𝓶🌠 :
because it's too expensive duh
2026-10-30 05:57:03
25
candiceamenta
Candice Amenta :
New flash, Aussies are broke
2026-10-30 04:47:15
75
savageafbrah
savageafbrah :
It was always a money laundering scheme never any customers 😭
2026-10-30 03:47:52
462
kawaiipastelness
K.L.Mathieson :
Can’t afford much in there, like she said ‘luxury store’. Not many people can’t afford luxury anymore
2026-10-30 07:08:46
1
tabletennisproski
tabletennisproski :
So how is Myer still living
2026-10-30 05:14:52
663
veronicarosedance
Veronica Rose :
Last I went in there the average dress was $300, so I’m not exactly surprised. I walked in and walked out
2026-10-30 04:59:28
25
tytayn1umtheoriginal
TYTAYN1UM :
🎵David jones🎵
2026-10-30 07:06:33
1
dark.alpha.femme_2
😈⛓️Seductress⛓️😈 :
Next is Myers on the block
2026-10-30 07:32:24
1
tiktoktoni654
tiktoktoni654 :
Shopping habits have changed, and so has the middle class.
2026-10-30 07:08:58
1
ignatius_of_the_sea
ignatius_of_the_sea :
Running a business like it's 1989 was always going to end this way. They had every resource to embrace online retail when it mattered, and they chose to stand still.
2026-10-30 04:51:37
31
lisajoy4
Lisa :
It’s almost like people can’t even afford groceries let alone some silly items from David Joan’s
2026-10-30 05:49:24
20
karissacar
karissacar :
Noooo, what would we do without a David Jones Christmas?
2026-10-30 04:15:01
157
kickitwithcoco
Coco White :
Maybe stop making large department stores so freaking boring and overstimulating to be in. It used to have personality, great service and an actual reason to go there.
2026-10-30 06:49:24
19
marco210577
Marco210 :
Can thank our Government for this
2026-10-30 06:23:10
5
user4479898969244
snoopdog :
Labor crap has destroyed all
2026-10-30 04:08:24
417
lockistiktok
Lock :
We went there a year ago and couldn’t find anyone to help us or at the register. No wonder they’re in the position they are.
2026-10-30 05:32:10
13
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