Woolworths is to close some of its Thomas Dux stores, as it looks to focus
more attention on its core supermarket business.
Stores in Sydney and Melbourne to close soon
According to local press reports, Woolworths has been trying to sell the
premium chain of stores, however will now start to close stores that are under
performing. More than half of its five New South Wales stores are set to close,
whilst its store in Port Melbourne, Victoria is also due to close at the end of
March. The closures are likely to leave only a handful of stores trading under
the banner, from the nine currently in operation.
Organic chain to take over the leases of two stores
It is believed that About Life, an independent health and organic supermarket
will take over the lease of both North Sydney stores. About Life currently
trades five stores, having been founded in 1996. The retailer has said that it
will attempt to redeploy staff who want to stay with Woolworths to other stores.
The development follows Woolworths announcement to sell its Masters hardware
chain, as it looks to refocus resources and attention on regaining growth in its