Bunnings announces shock closure of WA store
Bunnings Warehouse Whitfords will shut down forever in just a few months, after operating in Western Australia for over two decades, according to a recent news.com.au report.
Wesfarmers confirmed today that the store, located north of Perth, would shut ahead of its lease expiring in October. The last day of trading will be August 30, with staff then working to clear the premises by October after closing to the public.
Bunnings Regional Operations Manager, Hayley Coulson said all of the current Whitfords team members will transfer to alternative stores.
Ms Coulson said the company was “constantly looking at its store network and its needs in the local areas in which we operate.”
The closest Bunnings store to the site is Joondalup, located about six kilometres from the current Whitfords store, according to the news.com.au report.
However, this is not the only closures Wesfarmers has announced today, with the company also revealing up to 75 Australian Target stores will be permanently shut within months and as many as 92 converted into Kmart stores.
The drastic restructure means around half of Target’s 284 Australian stores could be affected.
Wesfarmers – which owns both Target and Kmart – also revealed $780 million of write-downs on its Kmart Group and industrial and safety branch, and a number of plans designed to “accelerate the growth of Kmart” and “address the unsustainable financial performance of Target”, according to the report.