Zoo magazine says next issue will be its last

Men's magazine Zoo Weekly and its website will reportedly be shutting down amid collapsing sales.

Publisher Bauer Media said the October 12 issue will be the final one because of "tough retail conditions in the men's market".

Updated: Bauer Media to shut Zoo Weekly and website http://t.co/xrNrtcrjdy pic.twitter.com/5BhserMjeg

— Mumbrella News (@Mumbrellanews) September 17, 2015

Associate publisher Ewen Page said: "The staff has done a great job on Zoo Weekly over the years and I commend their work and thank them for their dedication and effort.

"It is not an easy decision to close a magazine and we have certainly considered all options before coming to this conclusion."

It comes after a 36 per cent decline in sale during the final quarter of 2014 and Bauer Media withdrawing Zoo Weekly from the ABC circulation auditing figures in May.

Last month Australian supermarket Coles removed the magazine from its stands, after a petition organised by 23-year-old Laura Pintur from activist group Collective Shout gathered 40,000 signatures.

A similar campaign was also underway in New Zealand.

Another member of Collective Shout, Coralie Alison, took to social media to say she was thrilled at the news Zoo Weekly would soon disappear altogether from shelves.

Great news! Bye bye sexploitation in supermarkets #NotBuyingIt @CollectiveShout #BinZooMag #LoseTheLadsMag https://t.co/wAGRx2tUSn

— Coralie Alison (@CoralieAlison) September 17, 2015