HARDWARE STORE EXPANSION TO CREATE 2000 JOBS

Written on the 3 April 2012

HARDWARE STORE EXPANSION TO CREATE 2000 JOBS

BUNNINGS Warehouse (pictured) has indicated that its $1.5 billion plan to open 85 stores nationally would create about 2000 jobs across Queensland.

The discount hardware group has commenced $39 million in works at a 5.3ha site near the Centro shopping centre in Oxenford. The structure will cover about 22,000 sqm once complete.

The store’s product range will include landscaping, home improvement, outdoor living, kitchen appliances, glass pool fencing and child play equipment.

A Bunnings spokesperson confirmed three stores are under construction across the state in undisclosed locations, one of which is speculated to be in Arundel along Brisbane Road, complementing the existing Harbour Town premises.

A further 19 new Queensland stores are in pipeline, each of which will cover about 14,000 sqm and employ more than 100 staff.

However, competitor Masters – owned by Woolworths and US-based Lowe’s – plans to dwarf Bunnings’ expansion by opening 150 stores within five years at an estimated cost of $3-4 billion.

Woolworths has confirmed that it is searching for sites on the Gold Coast.


Latest News

ADELAIDE DIGITAL MARKETING GURUS CHANGING THE FACE OF ONLINE RETAILING

Frank Grasso, CEO of Adelaide based Dynamic Creative, believes his company's new software will revolutionise Adwo...

WHY A JUNIOR MINER DECIDED TO JOIN THE RANKS OF THE HOT POT STOCKS

USUALLY, when a relatively unknown explorer experiences a sharp spike in its share price, it means they've fou...

1700 BRISBANE APARTMENTS NOW MANAGED BY FORTUNE 500 COMPANY JLL

MULTINATIONAL and Fortune 500 company JLL (NYSE: JLL) has expanded its Australian dominance in the property managemen...

HARVEY NORMAN HITS OUT AT 'FALSE NEWS' OF ASIC INVESTIGATION

RETAIL giant Harvey Norman (ASX: HVN) has vehemently rejected reports its accounts are under investigation by ASIC, s...

Related News

RAY OF HOPE FOR SLATER AND GORDON AS LENDERS STEP IN

EMBATTLED law firm Slater and Gordon (ASX: SGH) has announced to the ASX that it has launched confidential discussion...

SPROUTX PROVIDES THE SEED FOR AGTECH STARTUPS

AGTECH innovation fund SproutX has opened applications for its first accelerator round, backed by $10 million from...

GAS PRICES MAY FORCE BRICKWORKS TO TAKE MANUFACTURING OVERSEAS

BRICKWORKS Limited (ASX:BKW) chairman Robert Millner says soaring energy prices may force the company to turn to offs...

CHINA CONTINUES TO COLLECT AUSSIE PROPERTY ASSETS

CHINESE coin continues to dominate Australia's offshore real estate investment market, accounting for almost h...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter