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David Jones retail storefront with window displays, JO MALONE section, and mannequins
✓ 7NEWSMoney & Work1 min read

David Jones plans to shut 26 of 38 stores, including Burwood and Bondi

David Jones plans to reduce its store network from 38 to just 12 across Australia and New Zealand.

Australia's oldest retailer is preparing to close about two-thirds of its stores, a dramatic restructure that signals deep trouble in the department store sector. The closures would include flagship locations at Westfield Burwood in Sydney and Westfield Bondi Junction, plus stores in Perth, Parramatta, Hornsby, Canberra and Melbourne.

CEO Erica Berchtold is in advanced talks with stakeholders about the plan. Country Road Group is also pulling nearly 100 concession spaces from David Jones stores in early 2027.

The retailer, owned by Anchorage Capital Partners since 2023, has lost luxury brands including Dior, Gucci and Chanel amid mounting cost pressures and weak consumer spending.

38
Current stores
12
Planned stores
26
Stores to close
Anchorage Capital Partners
Owned by

Why it mattersDepartment store jobs across multiple states now at risk, and the closures signal where retail is headed as shoppers cut spending and landlords retake space.

AustraliaHundreds of retail workers face redundancy; major Westfield centres will lose anchor tenants and need to restructure their mix; shoppers in smaller cities may lose access to department store choice.

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