Australia’s 188-year-old retailer David Jones enters administration, faces sale

SYDNEY, Nov 5 (Reuters) - Australia's 188-year-old department store chain, David Jones, was placed into voluntary administration on Thursday, as rising costs, sluggish retail sales and supply chain pressures weighed on its business.

NewsBeagle is a discovery engine. We show the headline, a short source-supplied summary and clear attribution. The complete reporting remains with the publisher.