Parent company Woolworths Group announced on Monday that 30 Big W stores would be closed during the next three years following an extensive review into the retail chain and expected losses of $80-$100 million this financial year.

There has been no formal announcement about which stores might close but the Sydney Morning Herald reported on Tuesday that it had seen a list of potential "at risk" stores, with most based in regional Australia.

The list included the Central West stores of Orange, Dubbo and Mudgee while Bathurst, Parkes and Young may have been spared at this stage.

Bathurst's Big W outlet is one of the anchor tenants in the Stockland Shopping Centre and shopping centre manager Sandy Matthews said there was a lease in place until 2034.

The store opened in the 1980s and underwent a $1.5 million refurbishment in 2015.

Ms Matthews said Woolworths had made no contact with the shopping centre about the outlet's future.

"We haven't heard anything at centre level," Ms Matthews said.

"We haven't had any notification from Big W. It's business as usual for us at this stage."

A spokesperson for Woolworths admitted not officially identifying the locations of the soon-to-be-closed stores had created "uncertainty" but said staff and other stakeholders would be told of the company's plan "well in advance" of any changes.

"We understand the announcement, without confirmation of specific stores, will create some uncertainty for our teams and the communities in which we operate, particularly in regional areas," he said.

"We will inform our team members, customers and community stakeholders well in advance of changes to any specific store."

The spokesperson said the locations would not be named at this stage due to "ongoing discussions with landlords" however they would continue to trade as normal in the interim.