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Name Retail format Main products Number of stores Number of Auckland stores Parent company Founded Head office 2degrees: Electronics store [1]: Mobile phones [1]: 56 [1]: 20 [1] ...
Since 1994, Hardwarehouse opened up to 14 stores a year. By 2001, the chain had 59 stores in Australia and three in New Zealand. [2] On 13 June 2001, Howard Smith Limited, owner of BBC Hardware and Hardwarehouse, was bought by Wesfarmers. The chain began its transition with the stores trading as Bunning by the end of 2001.
The Howard Smith Group purchase also included Benchmark Building Supplies, a New Zealand chain of 32 stores, including nine Auckland stores. These were also closed or rebranded as Bunnings by 2003. [15] [16] [17] Until then, Bunnings had just three New Zealand stores. [18] [17] By 2008, it had 14 large warehouse stores in the country. [19] [18]
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Retailing in New Zealand is an important sector in the economy of New Zealand, as a channel for a large proportion of household spending and international visitor spending. [ 1 ] The overall size of the sector has been increasing since the end of the 1997 Asian financial crisis , with retail sales increasing by 30% between 1999 and 2005.
Masters Home Improvement was an Australian home improvement chain operated by two retailers; Woolworths [2] and Lowe's. It was established as a way for Woolworths to enter the hardware retail market, which has been historically dominated by Bunnings, owned by their competitor Wesfarmers. These two companies also compete with each other with ...
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