Who Owns Bunnings?
Wesfarmers owns Bunnings and some other popular retail stores in Australia such as kmart, target and Officeworks. From its origins in 1914, Wesfarmers has grown into one of Australia’s largest listed companies.
With headquarters in Western Australia, Wesfarmers’ diverse business operations cover: home improvement and outdoor living; apparel and general merchandise; office supplies; and an Industrials division with businesses in chemicals, energy and fertilisers, and industrial and safety products.
Wesfarmers is one of Australia’s largest employers and has a shareholder base of approximately 484,000.
Founded in 1886 in Western Australia, Bunnings opened its first warehouse in Sunshine, Melbourne, Victoria in 1994.
So Bunnings has been here in Australia for a while. Checkout some of the old Bunnings commercials in this Bunnings ads compilation
Related stories –
Bunnings warehouse is the leading retailer of home improvement and outdoor living products in Australia and New Zealand and a major supplier to project builders, commercial tradespeople and the housing industry.
As per their website, revenue across the 2019 financial year exceeded $13.1 billion. As at 30 June 2019, Bunnings Australia and New Zealand operates out of 374 trading locations employing more than 44,000 team members.
If you are looking for home improvement and outdoor living products in Australia and New Zealand then you can certainly find them in Bunnings warehouse at good prices. Bunnings is also popular for its DIY products, and helpful staff who knows the products like the back of their hand. This is one of the biggest strengths of Bunnings stores which brings people to the store time and again.
Bunnings also has a great DIY based YouTube Channel. They teach how to install various appliances and other DIY stuff. Some people are not aware of this but Bunnings also provide various services such as installation of products (AC, BBQ, appliance etc), pool water testing, key cutting, consultation and more.
Little more on Wesfarmers
Wesfarmers owns many other popular brands in Australia. Mid 2019, Wesfarmers made news when they acquired Catch Group [ Catch.com.au ] which at that time has over a million active online customers. Catch is a popular ecommerce site and Wesfarmers is planning to grow their online reach with this acquisition.
How Wesfarmers Started
Would like to know how the company, that shaped the retail scene in Australia, was started and under what circumstances?
Wesfarmers was borne out of demands by the rural workers’ union for better pay and less hours. A group of farmers formed the Farmers and Settlers’ Association in 1912 to empower primary producers and fight a claim they believed could ruin many of them.
Driven by a need to support the rural community, it was shaped under the watchful eye of Walter Harper. On 27 June 1914 The Westralian Farmers Limited was registered under the Western Australian Companies Act and began trading from two small rooms at 13 Howard Street, Perth.
Founded with the intention of assisting farmers and growing and marketing their produce through co-operative action, it became known as ‘the Farmers’ Company’ or simply by its telegraphic address – Wesfarmers.
If you like to see the full history of the company from first chairman, headquarters, company’s to the acquisitions, you can see them here.