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Big W To Close Stores

Big W To Close Stores

Local Big W Future Uncertain

Retail chain Big W has identified approximately 30 stores for closure over the next three years.

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Big W's parent company Woolworths Group announced the decision Monday morning and say say the review was undertaken to help Big W maintain a strong and profitable store network.

Brad Banducci, Woolworths Group CEO said: “This decision will lead to a more robust and sustainable store and DC network that better reflects the rapidly changing retail environment. It will accelerate our turnaround plan through a more profitable store network, simplifying current business processes, improving stock flow and lowering inventory,” he said

Big W operate two stores in the Border North East region, Lavington and Wangaratta.

Details of possible store closures have not been detailed and Woolworths group states that all stores will continue to trade as normal.

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