David Jones Family Member Laments Department Store’s Decline
Charles Edward Lloyd Jones suggests any new owner will have to cut its square footage and store numbers, and have as unique an offering.
TL;DR
- The retail market is dominated by online offerings, but in-store experiences can still be valuable.
- David Jones, a department store chain founded almost two centuries ago, has entered receivership and administration.
- Charles Edward Lloyd Jones, the last fifth-generation family member to work for the business, left in 1993.