Online retailer Catch.com.au to shut down; 190 jobs to go
- Catch.com.au will shut down on April 30, 2025, after losing over $350 million in three and a half years, as stated by Wesfarmers.
- Wesfarmers Managing Director Rob Scott mentioned that increased competition in the online retail sector affected Catch's financial performance.
- Catch's fulfilment warehouses will be taken over by Kmart, which will help improve delivery efficiency, according to Kmart Managing Director Ian Bailey.
- Wesfarmers plans to spend between $50 million and $60 million to close Catch and will offer employees new job opportunities within the group.
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Total News Sources0
Leaning Left2Leaning Right5Center0Last UpdatedBias Distribution71% Right
Bias Distribution
- 71% of the sources lean Right
L 29%
R 71%
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