Dion Wired is closing its stores with immediate effect, the company has announced. Dion Wired’s website also states it is “closed for business”.
An FAQ page on Game’s website – Dion Wired’s sister company – provided further details on the closure.
“All Dion Wired stores will cease trading at 18:00 on 19 March 2020. Online shopping on www.dionwired.co.za will close at 8:30 on 19 March 2020. But you can still get all your favourite brands at Game.”
This follows Massmart, which owns Dion Wired, announcing on 13 January that it had started consultations with workers’ unions over possible retrenchments at the company.
“The Massmart Group has recently conducted a store optimisation project that highlighted a number of underperforming stores in its portfolio,” Massmart said.
“Consequent to this project, the Massmart Group seeks to advise shareholders that Massmart has commenced a potential store closure consultation process in terms of section 189 and section 189A of the Labour Relations Act.”
Bloomberg later reported that the plans involved closing Dion Wired’s 23 stores and 11 Masscash wholesale outlets, potentially affecting 1,440 employees.
