Sam's Warehouse in Wollongong to close

The Sam's Warehouse store in Wollongong will close by Sunday.
The Sam's Warehouse store in Wollongong will close by Sunday.

Sam's Warehouse in Wollongong will be closed by Sunday, August 3, along with 19 other Sam’s Warehouse and Crazy Clarks across the country.

Parent company Discount Super Group (DSG), which owns both brands, collapsed at the start of July and the stores were handed over to receivers KordaMentha Restructuring.

The Wollongong store, located on Railway Parade, currently employs 18 staff, including 12 casual, three part-time and three full-time workers.

Seven employees at Crazy Clarks Warilla were left without a job when the store was closed on July 13. No announcement has yet been made on the future of the Sam’s Warehouse at Shellharbour.

The latest announcement means 88 of the 143 DSG stores across Australia have closed, affecting more than 1300 employees.

All Sam’s Warehouse and Crazy Clarks stores are holding closing-down sales while receivers assess the situation.

A spokesman for KordaMentha said communities could assist by taking advantage of the sales to help raise enough money to pay employee entitlements, which total $10 million nationally, by September.

KordaMentha is currently assessing 55 expressions of interest from buyers looking at purchasing the shops and leases.

DSG was placed in voluntary administration by owner Jan Cameron, best known as the founder of outdoor goods retailer Kathmandu.

It is the second time in two years the brands have been handed to receivers.


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