David Jones’ future looks grim. Is Myer next?

David Jones’ future looks grim. Is Myer next.

The development was reported about 5 minutes ago. The verified report states: With Myer’s profitability battered and share price languishing near. It also reports: And all the other hallmarks of a department store.

Another confirmed detail is: Except, this isn’t David Jones, the embattled upmarket retailer. Additional details were limited in the initial verified material.