Articles with tag bunnings

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Bunnings grows, Target dips: Wesfarmers first quarter results

Wesfarmers reported overall strong retail sales results for the first quarter of the 2014 financial year with good performances delivered by Coles, Bunnings, Officeworks and Kmart.

Posted Thu 24/10/2013 12:00:00 / Read More »

Costco takes members-only retail battle to Queensland

After opening in New South Wales and Victoria, Costco is bringing the big box retail battle to Queensland with the opening of a store in North Lakes, north of Brisbane. With a number of other big box retailers nearby, the warehouse battle is just beginnin

Posted Tue 22/10/2013 12:00:00 / Read More »

ACCC busts Bunnings for breaching safety standards

Bunnings has been selling window blinds that failed to comply with mandatory safety standards.

Posted Wed 18/09/2013 12:00:00 / Read More »

Target earnings cut in half as Wesfarmers releases results

Wesfarmers has lifted its net profit by 6.3 per cent for the FY13 due to a strong earnings achieved by its retail portfolio.

Posted Thu 15/08/2013 12:00:00 / Read More »

Wesfarmers sells property to help pay for new Bunnings stores

Wesfarmers is looking to free up cash to pay for new Bunnings store openings with the company today announcing plans for the sale and leaseback of 10 Bunnings Warehouse stores to an Australian property investment trust.

Posted Thu 08/08/2013 12:00:00 / Read More »

Coles, Woolworths: Lowered GST threshold is not the solution

Both Coles' Ian McLeod and Woolworth's Tjeerd Jegen have made clear that they do not believe lowering the GST threshold is the key to improving retail competitiveness.

Posted Wed 19/06/2013 12:00:00 / Read More »

The hardware rival

Hardware giant Bunnings has long been a key player in the home improvement space but since Woolworths-owned Masters Home Improvement entered the market it has changed things up. Or has it?

Posted Fri 14/06/2013 12:00:00 / Read More »

Big box retail's appetite for land: Bunnings vs. Masters

Bunnings is set to embark on an ambitious growth strategy in the coming years, with the hardware retailer planning to open more than 60 Bunnings Warehouse stores across Australia over the next three years.

Posted Thu 30/05/2013 12:00:00 / Read More »

Coles, Bunnings drive Wesfarmers

Wesfarmers reported third quarter growth from all of its retail divisions, with Coles and Bunnings being the top performers.

Posted Thu 18/04/2013 12:00:00 / Read More »

Coles' growth benefits Wesfarmers

Once again, Coles continues to drive Wesfarmers growth with the company reporting a 9.3 per cent increase in first half earnings.

Posted Fri 15/02/2013 12:00:00 / Read More »

All-round positivity at Wesfarmers

Wesfarmers has recorded positive sales results for all of its retail businesses in the first half of the financial year.

Posted Thu 31/01/2013 12:00:00 / Read More »

Coles drives Wesfarmers' growth

Wesfarmers' acquisition of Coles in 2007 is paying off for the company as it continues to drive growth for the business.

Posted Thu 15/11/2012 12:00:00 / Read More »

Charter Hall, Telstra Super enter deal

A $207 million deal has been struck between the two companies to jointly acquire a number of retail properties.

Posted Fri 26/10/2012 12:00:00 / Read More »

Off to a good start: Wesfarmers

Wesfarmers has announced its first quarter results for the 2013 financial year.

Posted Thu 25/10/2012 12:00:00 / Read More »

Winners, losers for in-store customer service

Choice recently conducted a Shadow Shopper survey for the top ten retailers in Australia to see how their customer service skills stack up against one another.

Posted Thu 27/09/2012 12:00:00 / Read More »

Room for improvement: Wesfarmers

Coles has help driven Wesfarmers to a achieving a full-year net profit after tax of $2.1 billion, up 10.6 per cent from the previous year.

Posted Fri 17/08/2012 12:00:00 / Read More »

Coles beats Woolworths again

While sales did remain slow for Coles it did manage to creep above Woolworths in the third quarter results, recording sales growth of 2.7 per cent.

Posted Tue 24/04/2012 12:00:00 / Read More »

Heavy discounting continues for Wesfarmers

The retail giant reported a net profit after tax of $1.176 billion for the six months to December and excluding non-trading items it was $1.203 billion.

Posted Thu 16/02/2012 12:00:00 / Read More »

And the winner is... Wesfarmers

Wesfarmers has come out on top for the tenth quarter straight over rival Woolworths boasting Coles delivered a "record-breaking" Christmas.

Posted Thu 02/02/2012 12:00:00 / Read More »

The superbrand war

Bunnings has come in the list of the top ten favourite household brands as recorded by Nielsen in the latest edition of Superbrands Australia.

Posted Mon 12/12/2011 12:00:00 / Read More »

Wesfarmers cautious in lead up to Christmas

Chief executive Richard Goyder said the company would continue to remain cautious about the retail environment as the company enters trading for the festive season.

Posted Thu 10/11/2011 12:00:00 / Read More »

Coles, Bunnings lead Wesfarmers to triumph

Strong sales continue to be achieved by Coles and Bunnings despite consumer sentiment remaining subdued throughout the 2012 first quarter.

Posted Fri 21/10/2011 12:00:00 / Read More »

Coles powers Wesfarmers' profits

The Coles division delivered strong earnings growth of 21.2 per cent for the year, increasing earnings by $204 million to $1,166 million, which saw Wesfarmers achieve NPAT of $1.9 million.

Posted Mon 22/08/2011 12:00:00 / Read More »

McDonald's to open in Masters stores

Bunnings may have sausage sizzle stands outside its doors but Masters Home Improvement will have whiffs of French fries, Big Mac's and cheeseburgers coming from within its stores.

Posted Tue 09/08/2011 12:00:00 / Read More »

Coles beats Woolworths for the ninth time

Coles reported a 5.3 per cent growth in food and liquor sales to $6.18 billion for the final quarter of 2010-11, which pushed full year comparable store sales up by 6.3 per cent to $25.02 billion.

Posted Fri 29/07/2011 12:00:00 / Read More »

Bunnings buys up big in Brisbane

The Australian property developer Watpac Limited has today announced the sale of 9,400 square metre property site in Brisbane to hardware chain Bunnings.

Posted Mon 18/07/2011 12:00:00 / Read More »

Retailers spend big on ads

The Nielsen Company's Top Media Advertisers report found that the industry spent $2.18 billion on advertising in 2010, which is a 7 per cent increase from 2009.

Posted Mon 04/04/2011 12:00:00 / Read More »

The people have chosen

Bunnings has beat retail rivals David Jones and Myer by scoring the People’s CHOICE award for best bricks and mortar retailer at the CHOICE Awards.

Posted Mon 04/04/2011 12:00:00 / Read More »

Bunnings shows-off $53M warehouse

The opening of the Chatswood Warehouse forms part of Bunnings' almost two decade long network expansion plan that targets 16 to 26 new locations per annum.

Posted Thu 24/03/2011 12:00:00 / Read More »

Bunnings invests $385M in 12 stores

Bunnings managing director John Gilliam has denied that the investment has anything to do with the entry of Woolworths into the hardware market.

Posted Wed 16/03/2011 12:00:00 / Read More »

Bunnings invests trust fund in properties

The Bunnings Warehouse Property Trust will be expanding its portfolio with the acquisition of 10 Bunnings Warehouse stores and three properties.

Posted Mon 21/02/2011 12:00:00 / Read More »

Wesfarmers soldiers on

In an environment marked by cautious consumer sentiment, widespread price deflation and unusually wet and cool weather on the east coast of Australia, which negatively affected consumer spending, Wesfarmers has still managed to succeed.

Posted Fri 18/02/2011 12:00:00 / Read More »

Coles out does Woolworths

Coles has seen its food and liquor sales for the second quarter rise 6.7 per cent on the previous corresponding period to $7 billion following Wesfarmers' announcement of its second quarter retail sales results.

Posted Mon 31/01/2011 12:00:00 / Read More »

Woolworths dobs on Bunnings

Woolworths has confirmed with Retailbiz that it has lodged a complaint with the ACCC over the behaviour of Wesfarmer's hardware retailer Bunnings.

Posted Tue 25/01/2011 12:00:00 / Read More »

A battle of the big box retailers

IbisWorld predicts that there’ll be more than 300 retail superstores in Australia by 2015, generating $24 billion a year.

Posted Wed 12/01/2011 12:00:00 / Read More »

Bunnings books for biggest store ever

The company will purchase an 8.5-acre site, upon which it plans to build the chain's largest store.

Posted Mon 20/12/2010 12:00:00 / Read More »

Bunnings grows by the hectare

Bunnings Property Management has acquired a Bunnings Warehouse in the suburb of Port Melbourne, Victoria.

Posted Wed 08/12/2010 12:00:00 / Read More »

Giving with gift cards

Choice has recommended gift cards from Bunnings, Coles Group & Myer and Wish (Woolworths group) after finding that more than one in two of its members surveyed had a gift card expire before using its full value.

Posted Mon 22/11/2010 12:00:00 / Read More »

Coles boosts Wesfarmers' profits

At the annual meeting, Richard Goyder, Wesfarmers managing director, said the positive result is underlined by Coles food and liquor comparable store sales growth of 6.2 per cent.

Posted Fri 12/11/2010 12:00:00 / Read More »

Coles outdoes Woolworths this quarter

Coles has beaten its supermarket rivalry Woolworths with a 6.2 per cent growth in food and liquor sales of $6 billion in the first quarter.

Posted Mon 25/10/2010 12:00:00 / Read More »

Tap, go at Bunnings, Dymocks

The two retailers have signed on to offer customers a faster way to pay using their Commonwealth Bank debit or credit PayPass card when paying for items less than $100 without the need to sign or enter a PIN.

Posted Mon 18/10/2010 12:00:00 / Read More »

Bunnings steps it "up a notch"

Wesfarmers' home improvement and outdoor living retailer Bunnings will be investing more than $600 million in 18 New South Wales metro and regional sites over the next three years.

Posted Mon 27/09/2010 12:00:00 / Read More »

Woolworths' hardware stores on track

Woolworths says it's on track to securing 150 sites within the next five years as part of its plan to enter the $24 billion plus hardware retail sector.

Posted Mon 30/08/2010 12:00:00 / Read More »

Wesfarmers profit up 2.8%

Wesfarmers has announced a net profit of $1,565 billion for the full-year ended 30 June 2010, up 2.8 per cent compared to the previous corresponding period.

Posted Fri 20/08/2010 12:00:00 / Read More »

Solid sales performance for Wesfarmers

Wesfarmers has announced its retail sales results for the fourth quarter and 2010 financial year.

Posted Fri 30/07/2010 12:00:00 / Read More »

Bunnings to invest $420 million with 12 new stores NSW

Bunnings is investing more than $420 million to open at least 12 new stores in NSW over the next three years, creating more than 4000 new jobs.

Posted Fri 27/11/2009 12:00:00 / Read More »

Bunnings makes leap in cooking appliances, are whitegoods next?

Outdoor and DIY specialists Bunnings have this week made the move into cooking products, ranging ovens and cooktops from various leading brands.

Posted Fri 30/10/2009 12:00:00 / Read More »

Bunnings not worried about Woolworths entering market

Woolworth's announcement yesterday that it is entering the hardware market after acquiring Danks Holdings came as no surprise to some.

Posted Wed 26/08/2009 12:00:00 / Read More »

Wesfarmers profit increases 44 per cent to $1.5 billion

Wesfarmers Limited has announced a net profit after tax of $1.535 billion for the 2008/09 financial year, an increase of 44 per cent on the $1.063 billion reported for the previous year.

Posted Fri 21/08/2009 12:00:00 / Read More »

Sales up for Coles, Bunnings and Target

Despite an uncertain global environment, Wesfarmers says Coles sales are on track with total food and liquor sales up 7.6 per cent to $5.3 billion for the quarter to March.

Posted Tue 21/04/2009 12:00:00 / Read More »

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