The hardware giant attended the start of July in expansion as the Blackwoods business and Workwear Group Brands becoming part of Bunnings within its 312-store footprint. This consolidation aims for broader product access and cost efficiencies. This shift positions Bunnings to harness Blackwoods' distribution network and Workwear Group brands across its network, signaling a significant consolidation in Australia’s retail and trade supply sector. Industry commentary highlight concerns about concentration, potentially boosting supply chain reach. The move comes after industry chatter on market dynamics and potential benefits of greater distribution reach.
The ACCC is Australia's competition regulator and national consumer law champion. We promote competition and fair trading and regulate national infrastructure to make markets work for everyone.
www.accc.gov.auAussie hardware giant Bunnings has made a significant leap in its expansion strategy by acquiring two major firms—Blackwoods, the largest industrial and
news.ssbcrack.comBunnings Wesfarmers merger announcement put Blackwoods and Workwear Group under Bunnings Group control from July 1, a shift Wesfarmers said was designed to boost shareholder value. For customers, the change links Blackwoods’ distribution network and Workwear Group’s brands to Bunnings’ 312-store foo…
www.el-balad.comHardware retailer Bunnings and other dominant firms with market shares of more than 40 percent should be required to notify all new deals to the competition regulator in order to avoid further market consolidation through “serial acquisitions,” says a key industry group
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