Why on earth would Woolworths want to hang on to a continual loss making entity such as Big W. It's not as if Big W has ever been a cornerstone of the company as a whole. Business is business, if a part of the Woolworths group needs to be culled because of continual losses then it should be cut free and allow all and sundry to concentrate on the profit making portions of the company.
Kmart and other like stores have it all over BigW in presentation, marketing and goods on offer.
Internet shopping will eventually kill off large department stores.....I do not include grocery shopping in this, that is a completely different situation and the staff and management are doing a fine job in turning Woolworths around in that aspect.
Ann: Full Year Results Announcement, page-24
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