The receivers for Australian retail chain David Jones say its stores in Australia and New Zealand remain fully operational.
The iconic department store was went into receivership and voluntary administration last week, following speculation over a breakdown in rent negotiations with its landlords.
David Jones’ only New Zealand story is in Newmarket, Auckland.
In an update, receivers FTI Consulting said that since their appointment, foot traffic and sales throughout David Jones stores and online had been at record levels.
“Following the strong trading in recent days, orders are now being placed for replenishment stock with suppliers that have confirmed trading agreements”, FTI Consulting said.
The receivers acknowledged there were some…