big w – Page 21 – channelnews

Woolworths Ramps Up Big W Sale Plan

Orlaith Costello June 7, 2019 No Comments

Despite a turnaround plan being implemented by its parent company, embattled discount store, Big W, may be about to sell off 40 of its best locations. According to reports, UBS…

Reject Shop CEO Exits, Full-Year Guidance Slashed

Orlaith Costello May 23, 2019 No Comments

The Reject Shop’s CEO Ross Sudano has resigned following store closure announcements and slashing its full-year guidance to an expected loss of up to $2 million. The news follows the…

Kmart Partner With Zip Amid Big W Battle

Roma Christian May 21, 2019 No Comments

Afterpay rival, Zip, has inked a deal with Wesfarmers owned discount department store, Kmart, to offer customers access to its interest-free buy-now-pay-later service. Zip is expected to go live in Kmart’s…

Big W Q3 Sales Up, Profit Wobbles

Roma Christian May 2, 2019 No Comments

Embattled discount department store, Big W, has further propelled its turnaround strategy, reporting a 7.4% lift in Q3 same-store sales. Despite this, the retailer warns profitability remains a challenge. The…

COMMENT:Retailers Need To Change Direction After First Round Of Collapses

David Richards April 22, 2019 No Comments

2nds World and RT Edwards have called in the administrators and Radio Rentals has simply shut up shop, at the same time Myer is teetering and Big W is closing…

Big P Hurting Big W, As Big Losses Mount

Louis White April 10, 2019 No Comments

The decision by Woolworths to offload up to 30 Big W stores is hardly surprising. The reality is when you launch a department store whose whole strategy revolves around cheap prices,…

Investment Banks Spruiking Big W Sale

David Richards April 2, 2019 No Comments

Big W is believed to have the for-sale sticker on the door and Walmart is categorically out of the question according to senior executives of the big US retailer. According…

Big W Face Massive Wage Hike

Orlaith Costello March 20, 2019 No Comments

Embattled discount retailer Big W is on track to foot the bill for a large wage spike as it reached a new enterprise agreement for the first time in seven…

Big Retailers Move To Pull The Plug On YouTube

David Richards March 4, 2019 No Comments

Retail majors Coles and Woolworths along with Big W are set to pull the plug on YouTube over content concerns, other major retailers are tipped to follow their lead. The…

IKEA Beats JB Hi-Fi For Most Satisfied Customers

Roma Christian February 22, 2019 No Comments

Market research firm, Roy Morgan, has announced Australia’s best performing retailers in terms of customer satisfaction, with IKEA awarded ‘Furniture/Electrical Store of the Year’ for the first time in 2018.…