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.
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).
As reported by the ABC, it’s said that the website closing will cost between $50 and $60 million and that Catch distribution centres will be taken over by Kmart.
We’ll keep you posted on any deals that pop-up over at Catch in the lead-up to it closing down in March.
