8 minutes ago
Catch.com.au Shuts Down Amid Competitive Pressure, 190 Jobs Axed
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- Catch.com.au will close, cutting 190 jobs due to $40 million losses.
- Intense competition from Amazon and Temu led to Catch's closure.
- Wesfarmers plans to redeploy 100 of the affected Catch staff.
- The closure highlights broader struggles in retail against global giants.
- Catch, since 2006, faced high tax and labor costs.
- International rivals avoid local tax, impacting local markets.
- Kmart to use Catch’s fulfillment centers after its shutdown.
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