These Are Likely To Be The First Big W Stores To Close
Is this your local?
Remember the day they announced the possibility of closing 60 Big W stores across Australia? Yeah, us too. It was a sad, sad day. The announcement sent customers into a frenzy, running straight to their closest store to stock up on goods. Since that dark day customers have been wondering whether their local store will be affected.
New Idea Food has reported which of the 186 Big Ws are likely to go first and unfortunately, they’re looking at the rural stores.
THE REGIONAL STORES AT RISK
North Rockhampton, QLD
Tweed Head, NSW
Port Augusta, SA
The decision comes after Macquarie Wealth Management reviewed Big W’s business in the wake of the company losing $110 million last financial year and $8 million in the first half of 2019.
A spokesperson for Macquarie Wealth Management said in The Australian:
“Partial closure of the most unprofitable and shorter lease stores is more likely.”
But before you go crying to your favourite manager, a spokesperson for Big W says a final decision on store closures has not been made.
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