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Wesfarmers Winds Down Catch, Shifts Fulfilment to Kmart Group
9:07am on Tuesday 21st of January, 2025 AEDT
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Retail
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Wesfarmers Winds Down Catch, Shifts Fulfilment to Kmart Group
9:07am on Tuesday 21st of January, 2025 AEDT
Key Points
Catch to cease standalone operations in Q4 FY2025
E-commerce fulfilment centres transferred to Kmart Group
One-off wind down costs estimated at $50-60 million
Catch expected to report $38-40 million operating loss for H1 FY2025
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