Retail brand rankings show a steep drop at Harvey Norman
International brand management agency Interbrand has announced its rankings of the top retail brands in Australia, with Woolworths topping the list for the second year in a row, and Harvey Norman falling considerably since last year.
Fri 22/03/2013 12:00:00 / Read More »Meet Elba appliances: F&P's concerted push into the entry-level at Bunnings
Elba may not be a familiar name in Australia, but consumers are set to see plenty more from this appliance brand as its owner, Fisher & Paykel, begins a campaign to meet consumer needs at entry-level price points, as well as the high end.
Wed 13/03/2013 12:00:00 / Read More »Wesfarmers results wrap: How the major retailers performed
Results reporting season continues with Wesfarmers today releasing sales figures for Target, Kmart, Bunnings and Officeworks. It was a mixed bag - Current.com.au takes a look at the performances across the board.
Thu 14/02/2013 12:00:00 / Read More »Wesfarmers steady, but electrical and technology categories stall
Wesfarmers has released its half-yearly sales results for Bunnings, Target, Kmart, Officeworks and Coles. All businesses saw modest growth, but the company has flagged issues in the technology and electrical categories.
Wed 30/01/2013 12:00:00 / Read More »Value Depot opens to take on Costco, rapid expansion flagged via Campbells chain
At the opening of Metcash's first Value Depot warehouse outlets in Brisbane today, CEO Andrew Reitzer promised to "match or beat the price" of its competitors, with Costco singled out and named as a target.
Thu 13/12/2012 12:00:00 / Read More »Appliances to be sold at Metcash's new Value Depot warehouse venture
Publicly listed retailer Metcash, owner of the IGA and Mitre 10 chains, will soon open its first Value Depot business supplies warehouse in Eagle Farm, in Queensland.
Thu 06/12/2012 12:00:00 / Read More »Wesfarmers starts the new financial year with moderate growth
Wesfarmers released its first quarter results for the new financial year today, with Bunnings, Officeworks, Target, Kmart and Coles all showing moderate levels of growth.
Thu 25/10/2012 12:00:00 / Read More »Woolworths' hopes of Mastering Ballarat blocked by ACCC
The ongoing difficulty of Woolworths to establish its Masters big box hardware and appliance warehouses in Australia took another turn today when the ACCC confirmed it would oppose its acquisition of a existing competitor in Ballarat.
Thu 04/10/2012 12:00:00 / Read More »Masters finally unveils second Sydney store location: Chullora
Woolworths home improvement chain Masters will be opening new warehouses along the Eastern Seaboard over the next few months, including a new store in Sydney, where it has struggled to find suitable locations.
Tue 02/10/2012 12:00:00 / Read More »Wesfarmers results breakdown: Bunnings, Officeworks, Target and Kmart
Following the release of Wesfarmers' group financial results today, Current.com.au takes a look at the best performers and the company's analysis of the year.
Thu 16/08/2012 12:00:00 / Read More »Wesfarmers sales results show modest gains here, stagnation there
Wesfarmers released its yearly sales results today, with the company's home improvement and supermarket businesses growing by 6 per cent. However, Officeworks saw only modest growth, Kmart stayed flat, and Target declined.
Thu 26/07/2012 12:00:00 / Read More »Big names in appliances counted as Australia's most trusted brands
Sony, Westinghouse, Breville and Dyson have been voted as some of Australia's most trusted brands, according to the Reader's Digest 2012 Trusted Brands rankings, while Bunnings has been deemed an Australian icon.
Thu 26/07/2012 12:00:00 / Read More »GAF Control boss lashes out at rumours, swears the company is in good shape
GAF Control MD Stuart Foley has hit out today at ex-employees spreading rumours and gossip about the state of his company. In this exclusive interview, Foley attacks those individuals and gives assurances to his business partners.
Thu 21/06/2012 12:00:00 / Read More »'We're all struggling' claims Retravision member on way to crisis meeting
"We're in a recession" - that's the message from Peter Anderson, proprietor of Andersons Electrical, a member of the Retravision Southern group in rural Victoria.
Fri 18/05/2012 12:00:00 / Read More »Wesfarmers sees modest sales growth despite Target's slip
Wesfarmers - the parent company of Bunnings, Officeworks, Target, Kmart and Coles - announced its third quarter retail sales results today, reporting modest growth in all its main businesses, aside from Target.
Tue 24/04/2012 12:00:00 / Read More »Start sweating sponsors: the NRL is back!
What do WOW Sight & Sound, Harvey Norman, Telstra, Vodafone, De'Longhi, Kenwood and Trend Micro have in common? They all love their rugby league!
Thu 01/03/2012 12:00:00 / Read More »The breakdown: How Wesfarmers' big 4 electrical retailers are faring
Following the announcement of Wesfarmers' half yearly results, Current takes a close look at the companies' electrical retailers: Officeworks, Target, Kmart and Bunnings.
Thu 16/02/2012 12:00:00 / Read More »Bunnings sales are up, but Masters is seeing bigger growth
The Bunnings hardware chain saw a 6.8% increase in sales over the last six months, but the retailer was outstripped by its biggest competitor, Masters, which posted a 16.4% jump in sales figures over the same period.
Thu 02/02/2012 12:00:00 / Read More »Masters roll-out already a success and Woolworths strengthens hardware offer
Woolworths will spend up to $100 million rolling out its Masters big box outlets during the 2012 financial year, with the MD saying the first store is already a "resounding success".
Tue 27/09/2011 12:00:00 / Read More »Bunnings talks competition with Masters
As Masters prepares to open its first store in Melbourne next month, Current.com.au talks to one of its key competitors about the changing home improvement retail landscape and shifts in online trends.
Tue 23/08/2011 12:00:00 / Read More »Masters Home Improvement to have "integrated" online offering
The Masters Home Improvement chain is coming to Australia, and with it will come a dedicated online sales portal that will be integrated with the bricks and mortar offering.
Fri 19/08/2011 12:00:00 / Read More »Nespresso Lattissima dances into stores and hearts at gala launch
Nespresso's key retail partners descended on Cafe Sydney last night for the one-of-a-kind launch of the Lattissima machine by De'Longhi.
Thu 18/08/2011 12:00:00 / Read More »F&P, Dyson, Nokia and Sony most trusted brands by category
Fisher & Paykel, Dyson, Nokia and Sony are the most trusted brands in their categories, according to research conducted by McCrindle Research set to be published by Reader's Digest.
Wed 20/07/2011 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 site in Brisbane to hardware chain Bunnings.
Thu 14/07/2011 12:00:00 / Read More »The 18 Commandments: Retailers ask Government for "level playing field"
The Australian National Retailers Association is calling on the Federal Government to create a level playing field for retailers, according to a submission to the Productivity Commission.
Mon 30/05/2011 12:00:00 / Read More »Bunnings posts profits to boost Wesfarmers retail results
Bunnings owner Wesfarmers has today reported an 8.1 per cent rise in profit for its home improvement division in its third quarter sales results.
Wed 20/04/2011 12:00:00 / Read More »Samsung wins for TV and Miele for laundry at Choice Awards
Miele, Samsung and eBay picked up awards last night at the 2011 Choice Awards.
Fri 01/04/2011 12:00:00 / Read More »Bunnings plays small part in parent company Wesfarmers' profit boost
Wesfarmers, Bunnings' parent company, has reported a 33 per cent profit rise for the first half of the financial year largely thanks to the flourishing Coles business.
Thu 17/02/2011 12:00:00 / Read More »Bunnings announces second quarter retail sales
Wesfarmers has today released its retail sales results for the second quarter, revealing steady growth in most divisions, while Bunnings appears to have dragged its heels over the first half thanks to wet weather and a challenging retail environment.
Mon 31/01/2011 12:00:00 / Read More »Will big box superstores squeeze out retailers?
Woolworths' 2011 venture into the homeware and hardware sector and Costco's slow to start but tenacious Australian operation could signal even tougher times ahead for traditional retail, according to a report by IbisWorld.
Tue 11/01/2011 12:00:00 / Read More »A win for Gerry Harvey as Government inquiry into e-trading announced
Just weeks after Gerry Harvey called for a more protectionist Government stance on online retailing, a cabal of Ministers have announced an inquiry into the future of Australian retail.
Mon 20/12/2010 12:00:00 / Read More »Bunnings' expansion exploding by the hectare
The homeware giant has acquired a huge parcel of land in the new 256-hectare Sydney Business Park in Sydney's outer northwest, bringing the trade network to 22 new locations for the year.
Tue 07/12/2010 12:00:00 / Read More »Listed retailer wrap: DJs wins the week
Every Friday, Current.com.au will produce an update on how the seven major listed retailers performed across the week. It's a stable week to kick things off, with DJs the best of a steady lot.
Fri 19/11/2010 12:00:00 / Read More »BBQs suffer price deflation alongside TVs
Consumer electronics are not the only thing being knocked down in price to lure the consumer in-store, according to a Bunnings salesperson.
Tue 26/10/2010 12:00:00 / Read More »Bunnings invests $600m in NSW expansion
Bunnings has today announced its plans to build 12 new warehouse stores in New South Wales as part of its nationwide expansion strategy.
Mon 27/09/2010 12:00:00 / Read More »Glen Dimplex scores decisive win over Bunnings in ongoing marathon court action
Glen Dimplex has won the latest round in its ongoing patent infringement court case originally brought against Bunnings and several other importers of heating products.
Thu 12/08/2010 12:00:00 / Read More »Bunnings boom the centrepiece of Wesfarmers sales result
Target and Kmart may be only steady performers for Wesfarmers, but the focus is surely on Bunnings, which has experienced a huge jump in sales revenue for the 2010 Financial Year.
Mon 26/07/2010 12:00:00 / Read More »Huge growth at Kmart and Target
Wesfarmers has just released its half yearly results for the period ending 31 December 2009. Kmart and Target demonstrated the biggest improvement in the company's retail sector with EBIT increasing 105.3 per cent and 29.8 per cent respectively.
Fri 19/02/2010 12:00:00 / Read More »The case for DIY inside CE retailers, and more competition for Bunnings
Should CE stores be selling more DIY and home improvement products? One supplier thinks so - and he has a good argument. Also, Bunnings should brace itself for greater competition.
Wed 03/02/2010 12:00:00 / Read More »Flammable air conditioner recalled from Bunnings
A product recall alert has been announced on a brand of portable air conditioners sold through Bunnings Warehouse. The reason for the recall is because in extreme heat the unit can overheat and catch fire.
Fri 11/12/2009 12:00:00 / Read More »Selling ovens in Bunnings "best thing ever"
There was debate as to how successful it would be, but one supplier has today said that selling its cooking appliances through Bunnings was the best decision the company's ever made.
Wed 09/12/2009 12:00:00 / Read More »Woolworths to create 15,000 jobs with new hardware venture
Woolworths Limited has just announced its first store location for the new hardware joint venture with Lowe's. The company is expecting to create up to 15,000 direct and indirect jobs throughout Victoria.
Wed 16/09/2009 12:00:00 / Read More »Bunnings is not afraid of a little competition
Yesterday it was revealed that Woolworths will be entering the Hardware sector after acquiring Danks Holdings. But Bunnings is not fazed by its new competitor, claiming the company relishes the opportunity to compete with a new entrant in the market.
Wed 26/08/2009 12:00:00 / Read More »Wesfarmers net profit up 44% to over $1.5 billion
Wesfarmers has reported very successful results for the full FY08/09 period registering dramatic increases in net profit and revenue as Coles, Bunnings, Target, Kmart and Officeworks performed exceedingly well.
Fri 21/08/2009 12:00:00 / Read More »
