Bigger Bunnings for Coffs
IT would seem that the Bunnings outlet at South Coffs is either going to be moved or modified.
Considered small compared to Bunnings outlets elsewhere such as Grafton and Lismore, the Englands Road establishment is believed to be a victim of its own success and no longer big enough to meet local demand.
Informed sources have told the Advocate Bunnings is weighing up the merits of either expanding onto a neighbouring vacant block or moving to a bigger site.
Bunnings general manager, property, Matthew Toohey, would neither confirm nor deny what the hardware chain was planning to do.
“Bunnings is looking at a number of options, one of which is an extension of our existing plans,” Mr Toohey said.
“No decision has been made to date.”
Speculation about the future of the Bunnings outlet has intensified in the wake of news that Woolworths is gearing up to open the first 12 stores in its joint venture hardware chain, likely to be called Masters.
Woolworths and its US hardware partner, Lowes, are believed to be planning to open 150 outlets across Australia in the next five years to tackle head-on the $6 billion-a-year Bunnings business. When contacted recently Woolworths refused to reveal if it was considering a high profile site in South Coffs for a new retail hardware outlet.