Whitcoulls NZ 'safe from axe'

Photo / Greg Bowker

Whitcoulls stores in New Zealand are safe from closure, its Australian parent company's administrator says.

Four staff at the New Zealand support office were made redundant yesterday but there would be no changes at store level, administrator Steve Sherman said.

The closure of the Whitcoulls Karangahape Rd store was planned before the appointment of administrators this month, he said. However, all staff from the store would be offered other jobs within the business.

Mr Sherman said the sale of the New Zealand business was continuing to progress.