March 31, 2019 / 11:28 PM / 22 days ago

Australia's Woolworths to shut 30 BIG W stores

April 1 (Reuters) - Australia’s biggest supermarket chain, Woolworths Group Ltd, said on Monday it would close 30 stores of discount department store chain BIG W over the next three years, along with two distribution centers.

The company pegged the cost of exiting these sites at about A$270 million ($191.8 million).

$1 = 1.4075 Australian dollars Reporting by Aditya Soni in Bengaluru; Editing by Stephen Coates

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