Rumours are rife that 60 Big W stores are tipped to close as the discount department store struggles to compete with other big retailers.

Rumours that Walmart have looked at buying the strugggling retailer were this week dismissed by Roger Corbett the former CEO of Woolworths and a former director of Walmart.

The move would see the closure of up to one third of Big W stores at a cost of almost $800 million claims Macquarie Wealth Management.

The Australian shared that a report from Macquarie Wealth Management claims in their latest report that half of the Big W store network is located in challenging centres.

“Big W is highly exposed to regional areas … it is unlikely these locations will enable Big W to regain the momentum required for profitability. In a challenging retail environment, we see a reduction in store count as the most likely outcome from the review.

“Given the format of Big W stores, we believe it would be difficult to reduce space as Myer is doing and that outright store closure is more likely.”

The report argues that Big W should eventually return to profitability, therefore not justifying a complete closure of the chain, but that a more logical and cost effective strategy would be to “cut the tail” and drastically reduce the 183 stores operating across Australia.

Share your comments below


  • Myer is expensive. You pay close to double price so the plain basic girl’s nightie in Myer compared to BigW. Pity all of them aren’t next door to Woolworths like some Coles and Kmart are. One thing I have noticed at one BigW in SA is not all clothing has prices on it. When I asked why I was told that the stores have agreements with some of the suppliers what mininum price they will promote them for. Inconvenience is you have find a staff member who can scan it for you, I discovered the lady at the dressing rooms had scanners. Possibly the Layby Dept, would have them too. The majority of people wouldn’t bother if there is no prices on goods.

    Reply


  • I love BIG W so I really hope the shop near me isn’t going to close!!! Feel for the staff effected by these changes

    Reply


  • Oh no, there are hardly any Big W’s around anymore and they are great stores. I feel for the people who’ll lose their jobs.

    Reply


  • Gosh, i wonder which stores will be affected, these poor team members.

    Reply


  • It is most disappointing for those who will be out of a job.

    Reply


  • WOW. I do hope our store is safe. I love our Big W. And sadly, with people heading online to shop, our fave stores will continue to close. We can’t whinge about it then if we’re not prepared to service them.

    Reply


  • Oh no! It’s my preferred store! I pretty much avoid our local K-mart since they refurbished and rely on Big W for all the department store buys. Hopefully they won’t close down here as it won’t leave us with much of anything.

    Reply


  • This sucks. I don’t have one near me as the only one in Tassie is Hobart but I enjoy ordering online for sheets as the quality and variety is 100 times better than Kmart and still a cheap price.

    Reply


  • No, no, no! I hope they don’t close my local Big W. I shop there all the time.

    Reply


  • Oh dear.
    I have 3 Big W stores all within 30minutes of my place. I wouldn’t be surprised if they close at least one down.
    Such a shame for hose who will be out of work.

    Reply


  • We don’t have a Big W store within a 6 hour drive from us but I’m still sorry to hear of their problems

    Reply


  • This makes sense, the regional stores are so quiet

    Reply


  • BIg W is a fabulous store – so let’s hope this is not the case for the stores and for the workers and for the customers.

    Reply


  • I love big W. I hope my local one doesn’t close


    • Me too! Big W has been around forever it would seem!

    Reply


  • Sorry to hear this !

    Reply

Post a comment
Like Facebook page

LIKE MoM on Facebook

Please enter your comment below
Would you like to include a photo?

No picture uploaded yet
Please wait to see your image preview here before hitting the submit button.

Your MoM account

Lost your password?

Enter your email and a password below to post your comment and join MoM:

↥ Back to top

Thanks For Your Star Rating!

Would you like to add a written rating or just submit?

Write A Rating Just Submit
Join