David Jones shareholders have sealed the fate of the department store.
David Jones investors have backed a $2.2 billion takeover from South African-based Woolworths.
The overwhelming majority of shareholders - almost 97 per cent of shares - were voted to accept the $4 a share offer from the foreign retailer.
This figure exceeded the 75 per cent of votes needed to secure the deal.
Retail powerbroker Solomon Lew, who recently acquired ten per cent of David Jones, did not block the takeover.