The collapse of David Jones is expected to deliver a major blow to Brisbane’s retail centres across the city and further compound the sector’s struggles in the ailing Queen Street Mall.
David Jones was handed over to administrators and receivers on Thursday, for the first time in its 188 years of trading, after its board voted to appoint voluntary administrators from McGrathNicol.
The failed retailer’s lenders appointed FTI Consulting as receivers to the group, who will run the…