The department store era is over

John Addis explains why it's not just the internet that's killing DJ's and Myer.

Capitalism is cruel on the long-lived. Entrenching cultures and ways of doing, the passing of time breeds complacency in the old on which the new pounce.

David Jones was founded in 1838, Myer in 1900. Whether they merge or not, and it would make sense to do so, both are unlikely to survive in anything but a token form in a decade or so.

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