David Jones Expected to Enter Voluntary Administration as Landlord Talks Collapse
Australian department store chain David Jones is expected to enter voluntary administration as early as Thursday, with owner Anchorage Capital Partners preparing to appoint insolvency firm McGrathNicol, the NZ Herald reported, citing the Australian Financial Review. The move follows the breakdown of negotiations with landlords, including Westfield operator Scentre Group, which confirmed the 188-year-old retailer … Read more