Australian retailer David Jones, founded in 1838, has been placed into receivership while the company is still trading, several stores have been completely cleared of their stock by unpaid suppliers, and customers are rushing to use their gift cards before they become worthless. Another sign of the Western economy?

Australian retailer David Jones, founded in 1838, has been placed into receivership while the company is still trading, several stores have been completely cleared of their stock by unpaid suppliers, and customers are rushing to use their gift cards before they become worthless. Another sign of the Western economy?