David Jones Limited
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| Subsidiary | |
| Industry | Retail |
| Founded | 1838 |
| Founder | David Jones |
| Headquarters | Castlereagh Street, Sydney, Australia |
|
Number of locations
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43 |
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Area served
|
Australia, New Zealand |
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Key people
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|
| Products | Cosmetics, Fashion, Homewares, Furniture, Electrical, Food |
| Revenue |
 A$2.2 billion (2016)
|
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A$170 million (2016)
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|
|
Number of employees
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7200 (2014) |
| Parent | Woolworths Holdings Limited |
| Website | www.davidjones.com.au |
David Jones Pty Limited, trading as David Jones (colloquially DJs), is an Australian upmarket department store, owned by South African retail group Woolworths Holdings Limited.
David Jones was founded in 1838 by David Jones, a Welsh immigrant, and is the oldest continuously operating department store in the world still trading under its original name. It currently has 43 stores located in most Australian states and territories. David Jones' main competitor is the larger, mid-to-up market department store chain Myer. On 28 July 2016 David Jones will open their first New Zealand store in Wellington after buying Kirkcaldie & Stains.
In August 2016, Woolworths Holdings announced that the David Jones headquarters will be moved from Sydney to Richmond, Victoria, owing to a combination of factors including rental lease fees and the market position for retail/fashion, as well as a lure from the Victorian Government.
David Jones, a Welsh merchant, met a Hobart businessman Charles Appleton in London. Appleton had established a store in Sydney in 1825 and Jones subsequently established a partnership with Appleton, moved to Australia in 1835, and the Sydney store became known as Appleton & Jones. When the partnership was dissolved in 1838, Jones moved his business to premises on the corner of George Street and Barrack Lane. Jones survived the depression of the 1840s, and by 1856 had retired from active management of the business. A few years later when the firm failed, he returned to manage its affairs and in a few years had fully discharged all obligations to his creditors.
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Wikipedia