Wesfarmers managing director Richard Goyder said Bunnings' first pilot store's team is excited. "Tthey think it looks terrific." Goyder told The Australian Financial Review: "The proof w"ill be in the pudding in terms of how the customer sees it."
He said conversion of further sites will depend on how the first handful go: "When we're happy with how they go we'll move relatively quickly," Goyder said. "It will take some time because there are 270 stores, but if we need to make tweaks we'll do that before we do a fast roll-out."
The first new-format Bunnings store is around 70,000 square feet or 6,500 square metres.
The new-format stores will hold around 40 per cent more products or stock keeping units than former Homebase stores, with more space dedicated to garden products and tools and less space for kitchens, bathrooms and homewares.
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