Woolworths Closing About 30 Big W Stores After Predicting $100 Million Loss

Woolworths Closing About 30 Big W Stores After Predicting $100 Million Loss
An undated photo of shoppers entering a Big W discount store at Westfield Garden City shopping centre in Brisbane, Australia. Courtesy of the Scentre Group
Richard Szabo
Richard Szabo
Editor/Reporter
|Updated:

Woolworths announced plans to close about 30 Big W stores and two distribution centres on April 1.

The decision comes after the supermarket group forecast a $370 million (US$263 million) loss in its full-year financial results.

Richard Szabo
Richard Szabo
Editor/Reporter
Richard Szabo is an award-winning journalist with more than 12 years' experience in news writing at mainstream and niche media organizations. He has a specialty in business, tourism, hospitality, and healthcare reporting.
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