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

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Daily Maverick
“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.

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