WESTERN AUSTRALIA. AuMake: temporarily closed the four remaining stores still trading from Monday, March 30. “As we navigate through some pretty tough times right now, our number one priority is to protect the livelihoods of our teams around the world as best we can,” he said. This is what the new rules mean. Thousands of stores will close across Australia this week as some of the country’s largest retailers take drastic action to cut costs in the face of falling foot traffic due to COVID-19. MUJI. “The group is working with its business partners and is reviewing its cost of doing business, with a view to reducing costs to match expected revenue.”. rachelvk said; 01 May 2020 1:53 pm; I am amazed that there haven’t been more closures. Retail Apparel Group (Tarocash, Connor, YD, Johnny Bigg): temporarily closed stores from Monday, March 30. Last year, they shut down 60, and this year, 41 more stores are closing for good. Stores closing in 2020: Up to 1,200. Bad news for shoppers: 300 Millers, Katies and Rivers stores set to close. Online operations, however, will continue. Gazman: closed all bricks-and-mortar stores from Wednesday, March 25. I … THE MAJORITY of Target stores across the Far North are set to be shut down or revamped by mid-year as parent company Wesfarmers tries to stem its losses and focus on its growing Kmart chain. We Still Don’t Know What Bowser’s Fury Is But It Has Giant Cat Mario And Bowser. “This is a challenging decision for any business to make and not one that we make lightly, but we believe it is the right thing to do for our community,” Uniqlo said on its website. Hanesbrands, which owns brands including Bonds, Bras ‘N Things, Champion and Sheridan closed all of its roughly 450 stores in Australia on March 31. Workers will get access to their leave entitlements and can access unemployment measures such as Newstart. Greenlit Brands (Freedom, Fantastic Furniture, Snooze, OMF, Plush): Freedom temporarily closed all stores except for its Toowoomba store from Wednesday, April 1; Fantastic Furniture remains open with increased sanitising and cleaning procedures in place; Snooze temporarily closed some stores, depending on the franchise owner, from Thursday, April 2; Plush temporarily closed all showrooms from Monday, March 30. Bose plans to close its entire retail store footprint in North America, Europe, Japan, and Australia. I moved to the US from China — here are the biggest cultural differences I've noticed between the 2 countries, Bath & Body Works is now a standalone company — we visited a store and saw why it's been L Brands' secret weapon, CBA and NAB pass on RBA interest rate cut in full, but ANZ and Westpac defy Treasurer Josh Frydenberg's orders, How to watch Netflix on your TV in 5 different ways, The incredible story of Ferrari's 72-year journey from an upstart racing team to a $27 billion luxury brand. Wesfarmers announce up to 75 Target outlets around Australia are set to close after a review found stores not performing financially. Execs say they’re willing to open more stores, but … The conglomerate currently runs 1,019, but they’re actively looking to reduce that number. Chico’s. Boring retail killed Jeanswest. Parent company Wesfarmers’ 2019 financial year results reveal that Target’s total sales were down 1.5 per cent as the discount chain restructures. 7. The stores will be closed from 6pm on Thursday 26 March until Wednesday 22 April 2020. It really makes no difference to me if both those stores close down as Kmart and BigW are a three hour round trip for us so I shop online, especially with Kmart, love their products and postage is cheap They currently have free delivery on purchases $45.00 and over. “We’ve kept our stores open for as long as possible, but due to the unfolding situation with Coronavirus (COVID-19) and Government recommendations we have temporarily closed our stores (with the exception of freedom Toowoomba) and retail support centres,” the company said on its website. The Federal Government will force even more businesses shut as Australia approaches a full lockdown. Macquarie Wealth Management first announced the possibility of closing 60 stores Australia wide on March 15 after reviewing Big W’s business in the wake of the company losing $110 million last financial year and $8 million in the first half of 2019. 16 hours ago. At the moment there are 285 Target stores in Australia, with four stores closing between July and December 2019. Gap is closing hundreds of Gap-branded stores as it opens stores under other brands including Old Navy and Athleta. SOUTH AUSTRALIA. Nick Scali: closed all stores from close of business Monday, March 30, until Friday, May 1. “The decision to temporarily close all Myer stores and stand down so many loyal and dedicated team members is one of the toughest decisions this Company has faced in its 120 years of operation,” Myer CEO John King said in a statement. Just when you thought the retail apocalypse couldn’t get any worse. The Reject Shop's chief executive has quit after the troubled retailer announced store closures and slashed its full-year guidance to predict a loss of up to $2 million. Workers will still be paid in full during this time off. Toys R Us and Babies R Us stores across Australia will be shut down after the company's local administrators said they were unable to find a buyer for the embattled brand. Mass closures as Premier, Accent, Lovisa and others shut stores. Bose is set to close all 119 of its brick-and-mortar stores in the U.S., Canada, Europe, Japan, and Australia “over the next several months,” the company revealed on Wednesday, January 15. Kikki K: closed the remaining 59 bricks-and-mortar stores still trading from close of business on Friday, March 27. The group will continue trading through its 18 websites and wholesale business. Struggling bargain chain department store Big W has finally confirmed that they will be closing 30 stores over the next three years Australia-wide due to falling profits. Macquarie Wealth Management revealed the news in a client note on March 15, 2019, stating that they may close up to 60 stores Australia wide after losing $110 million last financial year and $8 million in the first half of 2019. Pier 1 Imports: 950 stores. This includes more than 1300 stores, with nearly 7000 workers stood down. Nintendo Australia Just Launched An Online Store With Rewards And New Products. Most of the impact will be felt by regional Australia, with Target Country stores making up a large number of the total closures. A Big W store has been forced to immediately close its doors after years of low sales, while the COVID-19 pandemic continues to batter Australia's already embattled retail industry.. The company announced Friday it will close down all of its 83 physical stores and switch to online only. “Whilst it is clear that the suspension of our store networks is necessary for the safety and wellbeing of our people and our customers – we know also that this will be a time of great uncertainty for them too, and we are doing our best to provide them with the support that they need through this difficult time,” Michael Hill chair Emma Hill said, according to the SMH. Wesfarmers will shut up to 75 Target stores and convert another 92 to Kmarts in a massive restructure of the struggling discount department chain. Sussan Group (Sussan, Sportsgirl, Suzanne Grae): temporarily closed stores from 5pm on Thursday, March 26, for a period of approximately four weeks. RM Williams has temporarily closed all of its Australian stores from March 28 until April 27. Pier 1 said in January that it planned to close 450, representing … “We continue to … More than 160 Target stores across Australia are set to close or be rebranded as Kmarts in another blow to the country's struggling retail sector. Cotton On closed all of its 650 Australian stores on Sunday March 29 amid the coronavirus outbreak, with its online business remaining open. Fashion brand Tigerlily went into voluntary administration, with administrator KordaMentha saying it was due to the impact of the coronavirus, the ABC reported. GNC, which has been selling nutrition and diet products since 1935, is slimming down in a big way. Reply. Sussan Group (Sussan, Sportsgirl, Suzanne Grae): temporarily closed stores from 5pm on Thursday, March 26, for a period of approximately four weeks. APG & Co (Saba, Sportscraft, Jag): temporarily closed bricks-and-mortar stores from Wednesday, March 25. 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