Catch Inc July 2025 News. Catch Inc July 2024 Calendar Zelma Katuscha Nearly 200 jobs will be lost, while 100 e-commerce roles will be transferred to Kmart to leverage Catch's warehouses after it closes in the fourth quarter of the 2025 financial year Excluding these costs, EBT losses improved by $50 million compared to the prior year, and losses in the second half were lower compared to the first half following "significant actions" to reset the operating model and cost base.
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Catch's e-commerce fulfilment centres will be transferred to Kmart Group, while select digital capabilities developed in Catch will be transferred to Wesfarmers' retail divisions Wesfarmers, the company behind Kmart and Target have announced that it is closing down Catch.com.au (previously known as Catch Of The Day) in March
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The company said that Catch became less viable as competition in the deals sector heated up from the likes of Amazon, Kogan and MyDeal (Woolworths). The company's owner, retail giant Wesfarmers, announced on Tuesday that Catch will stop selling products from April, marking the end of the online retailer that was acquired in 2019 Gabby Leibovich was the co-founder of Catch Group, which when sold appeared to be struggling with Catch reporting a loss of $4.3m in fiscal 2018, down from a loss of just over $17m in 2017.
Wwe 2025 Gametwist Sana Naomi. Catch's e-commerce fulfilment centres will be transferred to Kmart Group, while select digital capabilities developed in Catch will be transferred to Wesfarmers' retail divisions Nearly 200 jobs will be lost, while 100 e-commerce roles will be transferred to Kmart to leverage Catch's warehouses after it closes in the fourth quarter of the 2025 financial year
LIVE UPDATES Day 6 filing of COCs for 2025 elections. Australian conglomerate Wesfarmers ASX:WES said on Tuesday its e-commerce retailer, Catch, will cease to operate as a standalone business in the fourth quarter of fiscal 2025. In January 2025, Wesfarmers announced that Catch would cease to trade as a standalone operating business in the fourth quarter of the 2025 financial year