Pet care sector’s nothing to sniff at
With Woolworths and Bunnings being unleashed on Australia’s pet care market, Tim Boreham takes investors on a walk through a lucrative sector.
With Woolworths and Bunnings being unleashed on Australia’s pet care market, Tim Boreham takes investors on a walk through a lucrative sector.
Hardware giant Bunnings – already a popular spot for pets – launches a major assault on the booming sector as Aussies spend billions pampering their animals.
The conglomerate, which owns Bunnings and Kmart, warns that it expects elevated inflation and higher interest rates to impact demand in parts of the Australian economy.
The online furniture and furnishings retailer is a contender for one of the biggest losers of reporting season, shedding $165m in a day.
Aussies raided the shelves for WD-40 through Covid-19 lockdowns, and the company tips sales will lift again despite price hikes.
Battle lines are being redrawn this year as companies get creative to combat their third straight year of a skills shortage rather than splash cash on expensive new recruits.
With the suit comes vast responsibility, and it’s understandable that some Santas may fall short of expectations.
Bizarre footage has emerged showing the moment a man dressed as Santa Claus was pepper sprayed and arrested outside a Bunnings store.
A shopper has taken aim at retail giants’ use of self-check out machines in the weeks leading up to Christmas.
Hardware giant Bunnings has rejigged its senior executive ranks after the sudden and unexplained departure of its chief operations officer.
The link between wages and productivity in the mining industry has weakened significantly over the past two decades, warns BHP’s Mike Henry. Others say energy is a peak concern.
Mortgage stress in Sydney and NSW floods are more severe than other states — reducing consumer spending and confidence. The overstocking at Bunnings is a warning sign to all.
UBS raises concerns about the retailer’s slowing sales at Bunnings, due to poor weather conditions hitting some seasonal categories.
Bunnings ordered aggressively for spring and Christmas but wet weather has dampened sales in outdoor and gardening.
There are fears one of the country’s biggest employers is about to shed hundreds of jobs in a review of the company’s back office.
The hardware giant will kickstart a round of redundancies at head office and support centres as it reshapes for post-pandemic trading.
ASX rises for a fourth straight day to a fresh six-month high. EML rockets after ousted chair, City Chic tanks, Bunnings to cull staff, CBA hits 52-week high and lithium stocks retreat.
Bunnings stores across Australia have urgently recalled a consumer favourite for fears of a serious health hazard.
Under Mike Schneider the hardware retailer is seeking out new categories to keep the cash registers ringing.
Hardware giant Bunnings has become the latest retailer to bin its old-world paper catalogue historically stuffed into people’s mailboxes, to instead move to a fully digital offering.
Original URL: https://www.theaustralian.com.au/topics/bunnings/page/7