A big turnaround for Big W?

Big-W_Craigieburn-CentralBig W survived the clearing of the decks at Woolworths but still has an uncertain future with sales and earnings in serious decline.

Despite approaches from potential buyers for the 186-store Big W chain, Woolworths decided last year to persevere with business and to map out a turnaround plan that would see it return to growth or, at least, stabilise and exact a higher price if it was to be divested.


Locked content

Subscribe today or login

Subscribe Log in

Gain access to exclusive news, article locked content and much more. Subscribe today for:

IRW-Cover-Mockup Weekly Print & Digital Edition
IRW-Cover-Mockup Quarterly Magazine Print & Digital Edition
IRW-Cover-Mockup Annual Australian Retail Outlook Publication
IRW-Cover-Mockup Access to Locked Content
IRW-Cover-Mockup 20% off Tickets to inside Retail Academy Events for yourself and colleagues

Comments

1 comment

  1. Keith Walters posted on July 12, 2017

    Another Woolworse story of decline reply

Comment Manually

Inside Retail Polls

Schwarz Group, Aldi and the big two
How will the Aussie entry of either Kaufland or Lidl impact the supermarket industry?

Inside Retail Directory

Twitter

Menswear brands bailed by management sale. https://t.co/KBIi4zfBiR

18 hours ago

Super Retail Group CEO believes sporting market share will grow when Amazon, Decathlon establish themselves. https://t.co/MVyrLUxYzj

19 hours ago

French luxury group confirms positive momentum of its ready-to-wear, accessories, silk and textiles lines. https://t.co/rvuVIBkG3z

19 hours ago
x

SUBSCRIBE
FREE NEWS BRIEFS Get breaking news delivered