Overview
- Glue Store has permanently closed its remaining 16 physical shops and disabled online sales, with the brand website now steering customers to other Accent Group brand sites.
- Accent Group framed the wind‑down as a portfolio consolidation move and told investors the combined closures of underperforming banners will lift next year’s projected pre‑tax earnings by about $16.2 million.
- Glue recorded an $8.4 million loss in the first half of the 2026 financial year that included closure provisions, and the chain had already halved its store footprint in mid‑2024 when 17 shops were closed.
- The company did not disclose how many staff will lose their jobs, and reports name the Melbourne Emporium store as the final shop to close.
- The shutdown follows Accent’s broader shift toward opening Sports Direct outlets and trimming weaker brands, a move that underscores ongoing pressure and consolidation in Australia’s retail sector.