David Jones is trying to defy retail gravity. It’s causing problems
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Source: The Age
Published: 2026-03-27 05:00 UTC+10:00
Section: Business / Companies
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Labour & Workers, Business & Economy
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Snippet:
David Jones is moving to permanently pay suppliers up to eight weeks after their goods have sold in a sign of major financial pressure on the 188-year-old department store chain, which blamed a previous attempt to extend its deadlines in January on a one-off IT upgrade.
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