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Bunnings to launch in UK for European summer

2016-03-31 10:02:52| Agriculture - Topix.net

The big red hammer will hit UK shoppers in as little as eight weeks as Wesfarmers rolls out the Bunnings brand across a handful of Homebase stores in time for the warm summer weather. It's understood Wesfarmers will rebrand up to nine Homebase stores as Bunnings, to capture the spike in demand for homewares, hardware and garden supplies during the northern hemisphere summer.

Tags: summer european launch bunnings

 

Bunnings plans to open five more stores in NZ

2016-02-25 06:09:30| Agriculture - Topix.net

Bunnings, the home-improvement retailer, is opening a further five stores in New Zealand as it benefits from an uplift in housing construction and renovation, particularly in Auckland. The retailer with stores in Australia and New Zealand is part of ASX-listed Wesfarmers whose other retail brands include Coles supermarkets and the Kmart and Target department store chains.

Tags: open stores plans nz

 
 

Bunnings star performer in Wesfarmers 1.2% profit boost

2016-02-24 00:59:39| Agriculture - Topix.net

Net profit was A$1.4 billion in the six months ended Dec.31, compared to A$1.37 billion a year earlier, while the retail portfolio had a 9.2 percent boost in earnings before interest and tax to A$176 million following good Christmas season trading in all businesses, the company said. Revenue rose 4.7 percent to A$33.5 billion despite stiff competition in the supermarket sector from Woolworths and Aldi impacting Coles, its largest business.

Tags: star profit boost performer

 

Bunnings' UK move triggers swift response from Kingfisher

2016-01-26 03:50:34| Agriculture - Topix.net

Wesfarmers is taking on Kingfisher, the world's third largest home improvement retailer, by buying the Homebase chain in the UK. UK retailer Kingfisher has wasted little time responding to Bunnings' incursion into the 38 billion home improvement market, outlining plans to boost sales and earnings by unifying its product range and investing cost savings into lower prices.

Tags: move response swift triggers

 

Bunnings to roll out in UK: Wesfarmers buys Homebase for $752 million

2016-01-18 06:05:42| Agriculture - Topix.net

Wesfarmers will spend over a billion dollars rolling out the Bunnings hardware brand to the United Kingdom and Ireland within five years, following the NZ$752 million acquisition of home improvement chain Homebase. The Coles owner confirmed on Monday that Homebase's parent company, Home Retail Group, had approved its bid for the chain, which is the second largest in its market.

Tags: million roll buys homebase

 

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