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ALDI - DON'T DROWN IN ONE-OFF DISCOUNTS!
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ALDI - DON'T DROWN IN ONE-OFF DISCOUNTS!

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One night only: Big W members only secret 10% off sale!

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Dan Murphy's, BWS, Woolworths & Big W launch massive 48-hour online only sale

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BREAKING: Big W announce which stores will close FIRST - locations CONFIRMED

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Brand-new vegan Lotus Biscoff cake launches

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Amateur cake decorator reveals STUNNING Woolies wedding cake hack!

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DIY wreaths using supermarket lamingtons - the Christmas baking hack of the year!

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Woolworths slashes price on 140 items in lead up to Christmas

Woolworths slashes price on 140 items in lead up to Christmas

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Woolworths ends Disney+ Ooshies promotion early due to high demand

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Disney+ Ooshies launch in Victoria with two new ultra rare collectibles

Even tougher product limits at Coles and Woolworths as Melbourne enters Stage 4 restrictions

Even tougher product limits at Coles and Woolworths as Melbourne enters Stage 4 restrictions

ANZAC Day trading hours: When Woolworths, Coles and Aldi are open

ANZAC Day trading hours: When Woolworths, Coles and Aldi are open

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Woolworths left red-faced over huge spelling mistake on popular bread

Breaking: Big W announces shock store closure amid coronavirus pandemic

Breaking: Big W announces shock store closure amid coronavirus pandemic

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BREAKING: Your local Big W store could turn into a medical centre

Get all the details here - by Amy Sinclair
  • 10 Apr 2019

It’s been the shock announcement of 2019 - Big W’s decision to close 30 stores around the country due to falling profits. 

Woolworths - who own Big W - has not yet announced which stores will shut their doors in the mass closure, leading to a nervous wait for staff and locals across the country. 

Macquarie Wealth Management - who conducted a review on Big W’s performance for Woolworths - suggested that regional stores would be most at risk, stating ‘It is unlikely these locations will enable Big W to regain the momentum required for profitability.’ 

It’s recently been claimed, however, that Woolworths will close the stores with lowest sales and the highest rent per square metre.

But while customers and Big W staff across the country wait for final word on which locations will come into the firing line, the focus has now turned to what will become of the stores that do shut their doors. 

In a shocking twist, today it was sensationally claimed that the local Big W sites could become medical centres - or even gyms. 

Speaking to Channel News, CBR senior manager of retail services Zelman Ainsworth made the bold prediction. 

‘I think you will see medical practices and community leisure centres move into those spaces,’ Mr Ainsworth told ChannelNews.com.au. 

‘Landlords like them because they bring a lot of foot traffic through. The whole concept of medical service is changing with a focus now on the customer, rather than the medical practitioner, which means better customer service, more comfortable waiting areas and easier access to parking. 

‘I think you will find that the shopping centre dynamic is changing for more, higher frequent services that bring constant customers on a daily basis.’

Speaking of Big W’s decision to close, a Woolworths Group spokesperson said: ‘Following an extensive review of the business, we have made the difficult decision to close approximately 30 BIG W stores over the next three years. We have made this decision to create a strong, profitable and more sustainable BIG W that better reflects the rapidly changing retail environment.

‘The majority of our store network is set to remain open and we’re committed to doing the right thing for our team in impacted stores.  We will inform our team members, customers and community stakeholders well in advance of changes to specific stores.’

Amy Sinclair
Amy Sinclair
Amy Sinclair is a contibutor for New Idea Food.

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ALDI - DON'T DROWN IN ONE-OFF DISCOUNTS!
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DIY wreaths using supermarket lamingtons - the Christmas baking hack of the year!

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Woolworths slashes price on 140 items in lead up to Christmas

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Woolworths ends Disney+ Ooshies promotion early due to high demand

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Even tougher product limits at Coles and Woolworths as Melbourne enters Stage 4 restrictions

ANZAC Day trading hours: When Woolworths, Coles and Aldi are open

ANZAC Day trading hours: When Woolworths, Coles and Aldi are open

Woolworths left red-faced over huge spelling mistake on popular bread

Woolworths left red-faced over huge spelling mistake on popular bread

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Breaking: Big W announces shock store closure amid coronavirus pandemic

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