What’s next for David Jones under Anchorage Capital? Analysts weigh in

David Jones Bourke Street flagship store in Melbourne. Source: Bigstock
A fundamental question about the future of David Jones was put to rest this week, after the retailer’s parent company Woolworths Holdings announced the sale of the department store chain to Australian private equity firm Anchorage Capital Partners on Monday. While the sum was not disclosed, The Australian cited sources close to the transaction who put the figure at around $100 million.  That is a fraction of the $2.1 billion that Woolworths Holdings paid for the business in 2014, though t

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