PHOTO: Bunnings confirmed that closures are a result of the challenges of the recent trading environment, but had also taken other factors into account. Photo credit: File.

Bunnings is planning to close seven stores across New Zealand, it announced on Tuesday.

The company said the closures are largely due to the challenges of the recent trading environment.

In a statement, Bunnings confirmed that the stores earmarked for closure are the Ashburton Warehouse, the Hornby and Hastings trade centres and four smaller stores, located in Cambridge, Rangiora, Te Awamutu and Putaruru.

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Bunnings said that the decision followed a network review, which looked at the recent economic challenges along with lease arrangements, store performance and location. For some stores, the location was always intended to be temporary.

Bunnings New Zealand director, Jacqui Coombes, said that consultation with the company’s 145 team members impacted by the decision would begin on Tuesday.

“This news is understandably upsetting and we will be working closely with our team during the consultation period to discuss their individual circumstances, including deployment to other stores if possible,” Coombes said.

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