Here’s the latest I can summarize based on recent reports:
- Several outlets in late 2025 and early 2026 reported that David Jones has announced closures of multiple stores in New South Wales (Castle Hill and Tuggerah were named in prior announcements) as part of a broader transformation of its store footprint. These reports highlighted ongoing pressure on the business’s profitability and cash flow, including a substantial loss in the 2024 financial year and concerns about upcoming debt maturities.
- In April 2026, retail commentators and coverage reiterated that David Jones is seen as being on the brink due to cost pressures and weak bottom-line performance, with analysts describing the chain as facing significant challenges in the current environment. These articles framed the situation as potential closure risk rather than confirmed wholesale shutdowns.
What this means for “possible closure”:
- There is strong media focus on the risk of closures given profitability pressures, but as of the latest reports in April 2026, there isn’t universally confirmed, company-wide closure of all stores. The situation appears driven by ongoing strategic restructuring and selected store rationalizations rather than an immediate, complete liquidation of the business.
- If you’re in Italy or elsewhere and want to watch for concrete updates, I’d monitor official David Jones communications (ASIC filings and press releases) and reputable Australian business outlets for any store-specific closure notices or timing.
Would you like me to pull the latest public statements from David Jones or summarize the most current retailer analyses in a short table? I can also track any new closures as they’re announced.
Sources
South African Woolworths Holding Limited, owner of David Jones (‘DJ’) provided a trading update yesterday. In another shake up of major stores, the group announced that due to the slump in recent sales at its David Jones stores across Australia, there will be a review of their store network and store closures are part of their […]
shoppingcentrenews.com.auRetail giant David Jones has confirmed the upcoming closure of two stores in New South Wales.
insideretail.com.auA new report has revealed one of Australia's oldest department stores is taking double the usual time to pay its suppliers.
www.dailymail.co.uk‘They are very much on the precipice.’
7news.com.auIts food offering with BP remains unabated.
qsrmedia.com.auDavid Jones, Australia's oldest department store operating for 188 years, lost $74 million in the 2024 financial year and faces potential closure as empty stores and rising costs threaten its survival.
7news.com.auDavid Jones has confirmed the closure of two major NSW stores, marking a significant shift for the iconic Australian retailer. Here’s what we know so far and what happens next.
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