David Jones’ future looks grim. Is Myer next?

With Myer’s profitability battered and share price languishing near all-time lows, DJs’ slide into administration raises an uncomfortable question

Jonathan Barrett Business editor

Published Nov 15, 2026

David Jones’ future looks grim. Is Myer next?

Get our breaking news email, free app or daily news podcast

When the retailer’s doors slide open, shoppers are greeted by rows of slashed price tags, frantic discounting, and all the other hallmarks of a department store closing down.

Except, this isn’t David Jones, the embattled upmarket retailer that is shutting half its 38 stores.

Source: The Guardian ↗

EconomyHarrods seeks to recover abuse compensation costs from Mohamed Al Fayed’s estate

Exclusive: Survivors say luxury store’s attempt to recoup money is at odds with its public acceptance of responsibility

David Batty

EconomyLondon’s investment bankers and lawyers make more than £1bn in takeover frenzy

Bumper fees paid in the year’s mergers and acquisitions spark anger over high City pay during cost of living crisis

Lauren Almeida

Economy‘I felt shame’: former BA worker locked in legal battle after losing job of 30 years

Cabin crew worker was among thousands of staff laid off during pandemic in what MPs called a ‘national disgrace’

Kevin Rawlinson

The EIA Briefing

Keep reading, every morning.

The stories that matter, chosen by our editors and in your inbox before 7 a.m. — every weekday.

David Jones’ future looks grim. Is Myer next?

More on This Story

Keep reading, every morning.