Retailer David Jones has now been placed into receivership.
The iconic department store chain was behind on its rent with speculation about its future mounting for weeks.
David Jones has one store in New Zealand at Westfield Newmarket in Auckland.
If you are one of DJ’s customers, here’s what that could mean for you.
Should you spend your gift card now?
David Jones sells instore and electronic gift cards.
If you have one gathering dust, Erin Turner, CEO of the Consumer Policy Research Centre, said now is the time to spend it.
“The best thing you can do is use any gift card you already hold as fast as possible,” she said.
“Don’t wait, and while it’s in this period of uncertainty, I’d also avoid buying a gift card because the possibility that you…