Ballarat could soon be without Big W if a review finds the poor performing retail chain would be better off shutting up shop in the city.
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Competition from Target, Kmart and others in the discount department store space has contributed to Big W posting losses of more than $250 million over the past two years alone.
A report from Macquarie Wealth Management, released on Friday, predicted partial closure of the most unprofitable and shorter lease Big W stores.
We will update our team members and the market once the review has been completed.
- Woolworths Group
It said it expected Woolworths to close up to a third of its 183 stores across Australia.
It has not yet been revealed which stories could be affected.
Woolworths Group, the parent company that owns Big W, have confirmed a national review of the Big W store and distribution centre network is under way.
"The review is ongoing and no decisions about our network have been made," the company said in a statement.
"We will update our team members and the market once the review has been completed."
Big W opened in Curtis Street in Ballarat in October, 2001.
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