Australia's oldest department store David Jones collapses after 188 years15 minutes agoLana LamSydney
Getty A shopped holding David Jones black and white checked bags with a store front in the background.Getty
Australia's oldest department store, David Jones, has gone into voluntary administration

David Jones, Australia's oldest department store chain, has gone into voluntary administration, putting thousands of jobs at risk.

It comes after years of financial struggles for the 188-year-old retailer - known locally as DJs - as customers desert traditional shops for online shopping.

David Jones's physical and online stores will continue to operate while receivers FTI Consulting review the company, said voluntary administrators McGrathNicol.