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Bunnings

Bunnings Warehouse

Company: Wesfarmers Limited

Brand value: US$2,740 million

Change since 2018: 46%

Headquarter city: Melbourne 

Category: Retail

Year formed: 1887

Bunnings is a national chain of household hardware goods stores that has become as well known in the community for its weekend charity sausage sizzles as for its large, warehouse-style stores full of home-improvement and gardening supplies. The sausage sizzles fund Bunnings workshops for children and adults in hospitals and nursing homes, and community activities and initiatives. In early 2019, that included support for the “Buy a Bale” campaign to help farmers affected by fires and flooding. Bunnings sausage sizzles also made headlines, however, for a directive from head office that onions should go on the bun before the sausage to prevent slipping hazards – a diktat widely ridiculed by a rule-weary public. Bunnings reports that continued enthusiasm for home renovation means stores are busy, but consumers are trading down to cheaper products as property values dip. The business is a latecomer to e-commerce, but plans to make its inventory available online within two years. A foray into the UK DIY market has been costly for Bunnings, leading to loss in 2018 of around AU$1 billion.

 

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