Published 1 month ago • loading... • Updated 1 month ago

Major Australian online retailer Catch to shut down after years of losses amid rising e-commerce competition

Catch will close after losing over $350 million in three and a half years, as announced by owner Wesfarmers.
The site will stop selling products on April 30, and Wesfarmers will spend $50 million to $60 million on the shutdown.
Catch's fulfilment warehouses will be transferred to Kmart, which will use them to reduce pressure on busy stores.
Wesfarmers Managing Director Rob Scott stated that increased competition in the online retail sector affected Catch's financial performance.

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The Epoch Times

Wesfarmers to End its Online Retail Business ‘Catch’

Wesfarmers will shut down online retailer Catch.com.au as a standalone business in the fourth quarter of the 2025 financial year. Acquired in 2019, the company will be dissolved, with its assets transferred to various Wesfarmers divisions, said a statement released by the company on Jan. 21. The decision follows Catch reporting an operating loss of $38 million to $40 million for the first half of 2024–25. Wesfarmers Managing Director Rob Scott s…

1 month ago·New York, United States

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7NEWS Australia

Aussie online retailer to shut down with 190 jobs axed

The online retailer is expected to record a loss of up to $40m for the second half of 2024.

1 month ago·Australia

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9News

Aussie online retailer to be shut down after haemorrhaging millions

Long-running online deals website Catch will soon be shut down after losing more than $350 million in the past three and a half years.Owner Wesfarmers, which also runs Kmart, Target, Bunnings and Officeworks, announced the closure this morning as it looks to cut costs.The site will stop selling products on April 30.READ MORE: Trump wastes no time before signing executive ordersCatch was one of Australia's earliest successful online retailers, …

1 month ago·Australia

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The Canberra Times

Wesfarmers closes popular online retailer Catch after $40 million loss

Catch, the Aussie retailer, to close by 2025; Wesfarmers to leverage assets after $40M loss. 190 jobs impacted.

1 month ago·Canberra, Australia

Wesfarmers to close money-losing e-commerce site

Wesfarmers says the recent increase in Australian e-commerce activity had hampered growth prospects for its catch.com.au website.

1 month ago·Australia

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Australian Financial Review

Wesfarmers to shut Catch amid stiff competition from Temu, Amazon

The rise of big international retailers has prompted company boss Rob Scott to wind down the loss-making marketplace, saying it’s the “right thing for shareholders”.

1 month ago·Sydney, Australia

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