Woolworths shutdown set for 5 January

Deloitte said around 200 of the company’s 807 stores would close by 27 December, followed by a second batch of 200 on 30 December, 200 on January 2 and the final closures on 5 January.

The moves will affect 22,000 permanent staff and 5,000 temporary workers, although some will be kept on for a short period.

Deloitte said it had received interest from other retailers for 300 Woolworths stores.

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