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Bunnings’ first British store in St Albans, north of London, opened in 2017. ... That includes $795m in non-cash impairments at Bunnings UK and $66m in excess stock the Brits just don’t want ...
The company planned to use that store as a test model prior to fine-tuning and expanding in that region. In April 2017, they bought a former B&Q store in Folkestone to be the fifth Bunnings store in the UK. On 25 May 2018, after mounting losses, Wesfarmers sold the UK and Ireland Bunnings/Homebase operation to Hilco for a nominal sum of £1.
In 2016, Bunnings parent company Wesfarmers acquired Homebase with its almost 300 stores and commited to rebrand them to Bunnings stores and Bunnings warehouses by 2021. That all means your old favorite Homebase is now Bunnings with the same range of products and even better prices than ever before!
Apr 12, 2017 · The UK’s second Bunnings Warehouse opens for trading today, April 12, replacing the former Homebase on Hatfield Road, St Albans.
Nov 3, 2016 · The UK’s first Bunnings store will open in St Albans as Homebase’s new owner strides ahead with its conversion plans, Retail Week can reveal. The Bunnings Warehouse branded store will replace the Homebase in Griffiths Way, St Albans, and is expected to open in mid-February. Measuring 70,000 sq ft, the pilot store will be the first Homebase ...
Mar 15, 2017 · Retail experts have previously told SmartCompany Bunnings positions itself as a destination, rather than just a store. “Bunnings is a destination retailer because shoppers are willing to take ...
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The Bunnings pilot stores The first Bunnings branded pilot store in the UK opened in St. Albans in early February 2017 and at the point of the sale to Hilco, 24 stores had been converted to Bunnings at an overall cost of more than £40m.
