What David Jones's troubles could mean for gift card holders

Shoppers with gift cards are being told to watch for news.

Developing

If you have a David Jones gift card, it may be worth keeping an eye on the news. The department store is expected to go into administration, according to reports. Nine.com.au reported on gift card concerns linked to fears the company could collapse. Inside Retail looked at what an administration could mean for stores, suppliers and staff. Administration is when outside experts take over a struggling company. As of this morning, administrators had not been confirmed. When a store goes into administration, the people in charge decide whether gift cards will still be accepted. David Jones has not said what will happen to gift cards. It is not yet known whether the cards will still work. Some shoppers may choose to use their cards sooner rather than later. Keep your receipt and card details in a safe place.