Jeanswest Macarthur Square to close as company collapses into administration

FUTURE UNCERTAIN: More than 260 Jeanswest staff will be made redundant amid the closure of 37 stores after the retail chain went into voluntary administration earlier this month. Picture: Alexander Darling
FUTURE UNCERTAIN: More than 260 Jeanswest staff will be made redundant amid the closure of 37 stores after the retail chain went into voluntary administration earlier this month. Picture: Alexander Darling

Jeanswest Macarthur Square is among dozens of stores that will close after the fashion outlet went into administration earlier this month.

Hundreds of employees will lose their jobs as part of the shutdowns, which also includes the Wetherill Park and Castle Towers store.

On Thursday, administrators KPMG announced 37 stores across Australia would close, with 263 employees to be made redundant.

There was no indication of when the stores would be closed.

KPMG's James Stewart said the decision to restructure the business was necessary to provide the business with the best possible chance of attracting a new owner.

"The decision to proactively restructure the business early in the administration process has not been taken lightly," he said.

"We are very mindful of the serious impact store closures and staff redundancies have on people's lives. However, we must also work to maximize the opportunity for this business to be sold or restructured - to give it the best chance to continue."

Mr Stewart said that, where possible, the administrators would look to redeploy team members.

Jeanswest had 146 stores across Australia and employed 988 staff.

The announcement follows struggles for other large retail chains including EB Games, Harris Scarfe, The Reject Shop, Target and Big W.

Jeanswest stores to shut

  • Blacktown store NSW
  • Burleigh store QLD
  • Carousel store WA
  • Castle Plaza store SA
  • Castle Towers store NSW
  • Castletown store QLD
  • Centrepoint store WA
  • Charlestown store NSW
  • Chermside store QLD
  • Doncaster store VIC
  • Earlville store QLD
  • East Gardens store NSW
  • Eastlands store VIC
  • Echuca store VIC
  • Forest Hill store VIC
  • Hobart City store TAS
  • Karingal store VIC
  • Karrinyup store WA
  • Kotara store NSW
  • Lismore store QLD
  • Macarthur store NSW
  • Mandurah store WA
  • Marion (new) SA
  • Maroochydore store QLD
  • Mirabooka store WA
  • Miranda store NSW
  • Myer Centre store QLD
  • Rockingham store WA
  • Rosebud store VIC
  • Shellharbour store NSW
  • Singleton store NSW
  • Southland store VIC
  • The District Docklands VIC
  • Tweed City store NSW
  • Watergardens store VIC
  • West Lakes store SA
  • Wetherill Park store NSW