Bunnings
Bunnings Group Limited, trading as Bunnings Warehouse or Bunnings, is an Australian household hardware and garden centre chain. The chain has been owned by Wesfarmers since 1994, and has stores in Australia and New Zealand.
Company type | Subsidiary |
---|---|
Industry | Hardware |
Founded | 1886 |
Founder | Arthur Bunning, Robert Bunning |
Headquarters | Burnley, Victoria, Australia |
Number of locations | 507 stores
|
Area served | Australia, New Zealand |
Key people | Michael Schneider (CEO) |
Revenue | A$17.8 billion (2022) |
A$2.2 billion (2022) | |
Total assets | A$6.6 billion (2016) |
Number of employees | 53,000 |
Parent | Wesfarmers |
Website | www |
Bunnings was founded in Perth, Western Australia in 1886, by brothers Arthur and Robert Bunning, who had emigrated from England. Initially, a limited company focused on sawmilling, it became a public company in 1952 and subsequently expanded into the retail sector, purchasing several hardware stores. Bunnings began to expand into other states in the 1990s and opened its first warehouse-style store in Melbourne in 1994. As of 2022, the chain has 381 stores and over 53,000 employees.
Bunnings has a market share of around 50 percent in the Australian do it yourself hardware market, with competing chains including Mitre 10, Home Hardware and various independent retailers around Australia.
Bunnings runs community events outside or in its stores, including sausage sizzles and do it yourself workshops.