Big W confirm the closure of stores

The end of Big W? Woolworths reveals the first three stores it will close as it prepares to take a $370MILLION hit and shut down 30 across the country

  • Big W has confirmed the closure of three stores in Sydney as of early 2020 
  • Chullora, Auburn, and Farfield stores will close Big W Managing Director said 
  • The stores are the first of up to 30 that will close for the struggling retailer 

 Big W have confirmed the closure of three stores in Sydney. 

The three stores are Chullora, Auburn and Fairfield, which will close be closed in January after reaching an agreement with landlords.

‘These are not decisions we take lightly and we regret the impact the closures will have on affected team members,’ Big W managing director David Walker told news.com.au.

‘We would like to acknowledge the support of the communities of Chullora, Auburn and Fairfield and the hard work and commitment of our store team members.

‘Supporting our team remains our priority and we are committed to doing the right thing by them.

‘Over the next six months, we will support our team and explore redeployment opportunities with team members who choose to continue their career at Big W or with other Woolworths Group brands in the months ahead.’ 

Woolworths has announced its plans to close 30 Big W stores and two distribution centres over the next three years 

Big W owner, Woolworths announced in April it will take a $370million hit in its full-year results. 

The news prompted the decision to close 30 Big W stores and two distribution centres over the next three years the company announced. 

The supermarket giant said the move was prompted by ‘current trading and the outlook for the broader sector, including the continued customer shift to online.’ 

The company has not revealed which other specific stores will close but confirmed distribution centres in Monarto in South Australia and Warwick in Queensland will be shutting down. 

There are currently 186 Big W stores across the country which have been around for four decades.

Read more at DailyMail.co.uk