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?
Sydney's Sunlite has switched banners from Danks/Thrifty Link to Metcash's Mitre 10 banner as the groups look to expand their country-wide footprint.
Danks has added the Victorian G Gay & Co hardware network to its group, acquiring three stores as part of the process.
The big winners from Australia’s DIY and home renovation drive is hardware retailers which account for 52 per cent of all related spending.
A year after Metcash’s acquisition of a 51 per cent share in Mitre 10 Group, the hardware is reorganising its operations and growing its network across the country.
Woolworths and US chain Lowe's announced it as the brand that will help make their entrance into the $42 billion Australian home improvement sector.
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.
Woolworths-owned hardware group Danks has acquired two hardware businesses â€“ Magnet Mart and Flatman's Timber & Hardware.
The recent decision by the Victorian Government has helped fast track its hardware store plans.
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.