30 Big W stores face axe as retail slump, online sales bite

Woolworths will close 30 of its loss-making Big W stories as the retail slump and growing online sales continue to bite. 

The decision adds up to a $370 million hit to Woolworth's bottom line. 

Woolworths chief executive Brad Banducci says it was a hard decision but a pragmatic one that any leader would make.

Here's my report from The World Today