David Jones Closing 35 Locations.
David Jones Stores Set To Close preparing to close 20% of its stores.
Myer and David Jones are at risk of entering administration according to insurance providers.
David Jones profits have crashed by 50%.
#Myer #DavidJones #GetWokeGoBroke Myer and David Jones are focussing on political correctness and social justice in the board room and seem to be getting Woke and going Broke. References Gerry Harvey says Myer and DJs score top marks for boardroom diversity but ‘we beat the sh*t out of them’ https://www.news.com.au/finance/business/retail/gerry-harvey-says-myer-and-djs-score-top-marks-for-boardroom-diversity-but-we-beat-the-sht-out-of-them/news-story/e8075731d5222f2538217755f28bf0e3
#DavidJones #Recession #Unemployment David Jones has fired 120 people, and the NAB has stated that we are in a retail recession. I honestly think the public is too worried to spend. References David Jones to cut 120 jobs in face of retail recession https://www.smh.com.au/business/companies/david-jones-to-cut-120-jobs-in-face-of-retail-recession-20190719-p528pn.html