{
  "id": 19595347,
  "title": "David Jones suppliers say store closures could be good news",
  "url": "https://urgent.news/2026/11/12/david-jones-suppliers-say-store-closures-could-be-good-news",
  "topic": "world",
  "section": "World",
  "published": "2026-11-12T03:42:15.000Z",
  "source": {
    "name": "ABC News AU",
    "slug": "abc-news-au",
    "url": "https://www.abc.net.au/news/2026-11-12/david-jones-suppliers-react-to-store-closures/107374298"
  },
  "original_language": "en",
  "account": "David Jones, the 188-year-old department store, is set to close 19 of its 38 stores, with suppliers expressing mixed feelings about the decision. The receivers appointed by the company announced the closure, which is expected to continue through the peak seasonal period. While some suppliers are concerned about the loss of business, others see the closures as an opportunity for a streamlined operation that could boost sales. Lord and Lion owner Eresha De Zoysa believes the closures will negatively impact her brand, as the stores provided access to communities they could not otherwise reach. McGrath Nicol has been appointed as the administrator for David Jones, while FTI Consulting is working with the company's biggest lender, Hilco. Suppliers have been asked to continue supplying the stores despite unpaid debts, with some hoping for a restructured deal. The decision to close stores is seen as a necessary step for the business to become financially sustainable in the future.",
  "summary": "Some suppliers think a streamlined David Jones could be good news for their sales if it encourages more shoppers into fewer, higher-performing stores.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Sydney Morning Herald",
        "title": "Please come back, David Jones. I’ll forgive you if you’ll forgive me",
        "url": "https://urgent.news/2026/11/12/please-come-back-david-jones-ill-forgive-you-if-youll-forgive-me",
        "published": "2026-11-12T00:00:00.000Z"
      },
      {
        "outlet": "The Age",
        "title": "Please come back, David Jones. I’ll forgive you if you’ll forgive me",
        "url": "https://urgent.news/2026/11/12/please-come-back-david-jones-ill-forgive-you-if-youll-forgive-me-19573277",
        "published": "2026-11-12T00:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}