Essential reading for retailers and suppliers in the home improvement market

First Bunnings to open in the UK in October

Published: 21 July 2016
Wesfarmers has announced that the first Homebase store will be transformed into Bunnings in October this year, and has hired retail veteran Archie Norman and former Kingfisher executive Matt Tyson to advise.
First Bunnings to open in the UK in October
The first pilot Bunnings store is expected to be followed by another one or two before Christmas and more next year. These will be treated as trial runs before Bunnings rolls out the rest of its £500m investment to convert the whole Homebase chain.

Mr Norman, who is well known for his part to play in the 1990s revival of Asda, is closely affiliated with Wesfarmers after helping turn around its Australian grocery retailer Coles.

Said Bunnings chief executive John Gillam: "We are delighted to have access to such high-quality and strong-thinking people who will bring strategic rigour and real UK market insight to help with the turnaround."

It comes after Bunnings announced it would save up to 700 Homebase jobs in 18 stores earmarked for closure by former owner Home Retail Group.

The mantra for Bunnings in the UK is "everything you want under one roof."

Comments

21 July 2016 01:07:00
By whisper
True , no sales just the always low price , think once they start to generate cash they will get to the lowest price
21 July 2016 01:06:00
By Another anon
Heard from a friend that works there that there's lots going on down in the south in the bigger stores - might be the first to convert or one of the first few. Some of the new stuff already arriving is OK price wise but nothing special in terms of brands. Gone are 10 or 15% days and it's rumoured although hard to believe there will be no Xmas Jan sales which means the likes of bq and wickes having a bumper time.
21 July 2016 01:05:00
By Annon
Which store is to be converted first?
21 July 2016 01:04:00
By tony
yes about time thing look stock sene seen in time
21 July 2016 01:03:00
By Anonny
Read the Wesfarmers strat' report for the coming year and pay attention to the part regarding 'more money only following a successful pilot store!'
21 July 2016 01:02:00
By bq bob
Matt tyson another bloody B&Q reject who failed B&Q, he once put out a video to staff telling them to work harder or leave, then had to release a second video two weeks later telling us how we were all working hard and B&Q appreciated our efforts. A total bully and arse. But as normal failure directors just keep walking into one high paid job after another it seems failure has its own rewards!
21 July 2016 01:01:00
By Annon
We are still to be told which stores have t been saved!!

(Your email address will not be published)
5 + 5 =  
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

re: SX Rainproof Exterior Caulk

Wally
I need the exterior sx rain resistant caulk! Can't get it anywhere so please help! How can I order it? Need it yesterday...

re: BCT can replicate any material in a ceramic tile

Christina Tiritanou
Not sure if you can help as I require a tile which has the measurements of 6”x 6”? Thank you....

re: Latest update on Green Homes Grant and implications for homeowners and landlords

colin thompson
SarahVery clear and helpful information.Thanks...

Most read stories