Big W has announced the first three stores to close.
The Australian retailer is slashing stores in a bid to save the business amid falling profits.
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According to News.com.au, the first Big W stores which are set to close are all in Sydney.
Stores in Chullora, Auburn and Fairfield will close down in January.
The closures come as the subsidiary of Woolworths pushes ahead with its cost saving strategy.
“These are not decisions we take lightly and we regret the impact the closures will have on affected team members,” Big W managing director David Walker confirmed to News.com.au in a statement.
“Over the next six months, we will support our team and explore redeployment opportunities with team members who choose to continue their career at Big W or with other Woolworths Group brands in the months ahead,” David Walker said in his announcement.
Woolworths chief executive Brad Banducci announced in April they company would close 30 of its Big W stores across Australia.
They will continue to work with landlords before deciding which stores will be next to close.
