Thread: Learning from Masters? Not

"It'll all end in tears, you mark my words"

- Mums Everywhere

They can't understand why all the shelves they carefully stocked with shade sails are still........stocked with shade sails?

Definitely Masters 2.0 in the making. Popular items....out of stock. Winter items......only stocked in summer. Stock control.....nonexistent.

Bit like the how do you get a successful small business - start with a really big one.

Makes one wonder if the board members and senior management really understand retail and their target market???

Oh dear, how sad, never mind.

A couple of weeks ago at Sunbury Bunnings there was a lady who had been sent out from the UK to see how it was done here. She admitted that the culture was different.

Originally Posted by Twisted Tenon

It seems that Bunnings have a lot to learn about the English market.

TT

I hadn't heard anything of Bunnings attempt to enter the English market and so did a google search..

Bunnings UK: Insight DIY says company could miss digital opportunities

YES, Sounds similar to that of the Woolworths/Lowes Masters fiasco in Australia

I

I predict a very steady incremental price increase of all merchandise in Oz and NZ stores to offset the UK disaster and no reduction after its been paid down to an acceptable level. I have seen price increases in the tool section lately that is out of sync and well above normal price increases for high turnover items as well as above average increase in prices that normally occur in other sections

Their safety net will be the huge diversification of the parent company. But, then again, huge parent companies don't suffer fools gladly.

I predict a very steady incremental price increase of all merchandise in Oz and NZ stores to offset the UK disaster and no reduction after its been paid down to an acceptable level. I have seen price increases in the tool section lately that is out of sync and well above normal price increases for high turnover items as well as above average increase in prices that normally occur in other sections

Ray is spot on. Who else has seen Woolworths steady price increases on Woolies food and fuel, to make up for the Masters fiasco?

Never mind, I got a fair few Masters bargains as the rush for the exits began, so perhaps it evens out in the long run.

What Bunnings fail to understand, is there's a DIY culture of initiative and independence amongst Australians, that doesn't exist in Pommyland.

We're used to acquiring the goodies (illegally, too, it if helps ) to do the job - and doing it ourselves.
The Poms either rely on the Council to do it - or organise and pay those lower-class tradesman to do the work, so they don't have to get their hands dirty.

"It's all good fun until someone gets hurt", as me Mum used to say. There's going to be a lot of hurt in Bunnings accounts, this FY.

Originally Posted by AlexS

Oh dear, how sad, never mind.

Haven't heard that in years....you made me go look it up on FaceTube

https://www.youtube.com/watch?v=7f8BBTbWSzk

The original, and still the best.