Fashion retailer David Jones is working on store closure plans after COVID-19 impacted its profits. Despite being one of the country's most iconic department stores, sales dropped by more than one-third within an eight week period leading to the end of April.
According to 9News, Woolworths Holdings Limited revealed that "COVID-19 has had a significant impact on (customer) foot traffic and store sales" in recent weeks.
Although the retailer has seen an increase in online sales, the company confirmed in-store purchases dropped by a staggering 35.8 per cent.
The company is currently in discussions with landlords, figuring out the best plan for physical floor space reductions in stores - so shoppers can expect a change to their physical
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