In This Issue
Glyphosate: back on a knife edge
Stax further invest in supply chain with PDS logistics acquisition
Handy prepare to launch new McCulloch 58v cordless range of garden machinery for Husqvarna Group
Squire’s given ‘Best Garden Centre’ accolade by The Express
Bunnings - Homebase - sales drop by £44m
Broomstick flying, storytelling and pumpkins sell out at Planters
Haskins Snowhill plans get go-ahead despite Green Belt fears
Storm Brian wreaks havoc with garden centre trading
Paul Hilliam appointed Christchurch Stewarts manager
Wildcats skate to success at Whitehall
More Australian seaweed sets sail for Mr Fothergill’s
Decco appointed retail distributor for Husqvarna
Vital Earth launch SupaGrow as they split from Bord Na Mona
Wyevale Garden Centres invest in new EPOS
Scholarship applications open for future horticulturalists
Calibrachoa PinkTastic is People's Choice in Wisley trial
Writtle student wins garden design awards at Seoul show
New favourites launched in ‘Sophie Conran for Burgon & Ball’ Collection
Norfolk garden centre raises £10k for cancer patients
The Pied Piper of Melville - GTN's interview with Nicholas Marshall
Get your own copy of GTN Xtra
Garden lighting products blown off course
Seaweed fertiliser enables expansion into the UK for Irish Company
Speed buying event at Longacres
Fat balls produce some sales growth
Smart Garden Products appoints new Trade Marketing Manager
Sweet success for Christmas
Barrus announce new sales appointments in the Garden Divisions
Wallflowers stand up to high winds
The best of last week's
MEP's vote to ban glyphosate completely by 2022
Bunnings to test smaller format stores in urban areas
Bents open Winter Food Market in Open Skies
New £1 million garden centre creates 25 jobs
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Bunnings - Homebase - sales drop by £44m

 

Australian Business media experts are asking questions about Bunnings in the UK after owners Wesfarmers revealed in its first quarter sales update that Bunnings United Kingdom and Ireland division had sales of £276 million in the first three months of the financial year, down from £320 million a year earlier.

 

BUNNINGS has hit a snag. The $700 million UK expansion is looking like a bad idea, with one analyst warning of “disaster” is the headline on news.com.au

 

Bunnings sustaining big sales losses with Homebase stores reports diysummit.org

 

Is Wesfarmers about to join a long list of Australian companies have entered the UK economy and been forced to retreat after missteps or worse? asks sharecafe.com.au

 

In the Wesfarmers 2018 First Quarter Retail Sales Results the company reports:

 

Total sales for the quarter were £276 million, a decrease of 13.8 per cent on the prior corresponding period. Store-on-store sales decreased 11.9 per cent.


The early trading performance of the first eight Bunnings Warehouse pilots is encouraging, with solid sales uplifts achieved across the pilot group. The coming months will test performance in different seasonal
conditions and BUKI will continue to patiently trial a range of formats, locations, and competitive environments to achieve proof of concept.


Bunnings Group Managing Director Michael Schneider said that, while still early days, the engagement of customers, suppliers, team members, and local communities with the Bunnings stores remains pleasing.
Despite steady sales in core home improvement and garden categories, Homebase’s trading performance relative to the previous comparable period was adversely affected by the significant clearance of
discontinued ranges last year.


“While the performance of Homebase is disappointing, we continue to be encouraged by the performance of the Bunnings pilots. The BUKI team remains focused on stabilising the performance of the Homebase
stores as well as delivering proof of concept for the Bunnings format,” Mr Schneider said.


There were 244 Homebase stores and eight Bunnings stores as at 30 September 2017. A total of 15 to 20 pilot stores are expected to be either trading or nearing completion by 31 December 2017, subject to
relevant approvals.

 

 

 

 

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