Thread: Competition for Bunnings?

After what Bunnings did to GMC and Triton

I'd like to see Bunnings get it in the neck for that reason but wot makes yer think W is much better?

Originally Posted by echnidna

wot makes yer think W is much better?

The Article and C O M P E T I T I O N - something that Bunnings and the ACCC have successfully reduced in the Hardware sector.

Interesting article.

I was rather amazed by the market share figures quoted however. Bunnings has 16% of the hardware market and Mitre10 6%?
I don't know what defines the hardware market, but I would have thought Bunnings has more like 50% of the market, if not more.

Would be rather a clever move by Woolies as it directly attacks one of their competitors' cash cows, the commodity market (coal) is doing the rest.

From all reports, Woolies' approach to their suppliers is even more hardnosed than Wesfarmers/Coles' attitude, so I don't think they would have been any kinder to GMC/Triton. Anyway, I think what happened to GMC/Triton was largely self inflicted.

We don't know at this time (and may never know) the names of the 5 parties who expressed an interest in buying GMC/ Triton, but I wouldn't be surprised if Woolies was one of them.

Having a well recognised and diverse brand like GMC / Triton wouldn't be a bad way to kickstart a new retail business....

Imagine it - if you think Bunnings push out all local/small competition then what will a Bunnings and a Woolies Hardware store in the same suburb do to these businesses?

Look at it like a Coles and Woolworths being in the same area - what happens to the smaller fruit shops and butchers then?

Its almost like the impossible has to be done - the only solution for the whole market place (not just competition for Bunnings) is to prop up the smaller guys.

Originally Posted by I_wanna_Shed

Imagine it - if you think Bunnings push out all local/small competition then what will a Bunnings and a Woolies Hardware store in the same suburb do to these businesses?

Look at it like a Coles and Woolworths being in the same area - what happens to the smaller fruit shops and butchers then?

Its almost like the impossible has to be done - the only solution for the whole market place (not just competition for Bunnings) is to prop up the smaller guys.

Most of us, when pressed, vote with our wallets. So unless the small guy gives exceptional service or advice, he will disappear because he will never be able to match the prices of the big guy.

At least if Woolies goes ahead we may have a viable alternative to Bunnings. I have a M10 Mega store within 15 minutes drive of me but I've only gone twice. And the second time was only to cofirm my 1st impression that it wasn't worth the trip.

Originally Posted by Interwood

After what Bunnings did to GMC and Triton

What did Bunnings do to GMC & Triton?