The retailer initially said the reason was Covid. But now it seems it was a condition of its sale to Spotlight.
Allegro Funds to be paid in full, while unsecure creditors will lose money in the deal.
Support and store staff stood down as part of restructuring plan.
Department store’s administration could soon be coming to an end.
440 staff will be affected by store closures over the next four weeks.
Our contributor considers the possible paths that led to this surprising turn of events.
Business will continue trading as usual over the Christmas period.
Harris Scarfe’s satisfaction rating grew 5 per cent over the last year.
Retailers weakened by Costco face now face even larger threats.
Online shopping is certainly a factor, but it is not the primary reason for Big W’s troubles.