Bunnings chief discusses Homebase

Bunnings chief executive John Gillam says improved results at Homebase will not be instant.

Gillam, who runs the Wesfarmers-owned DIY chain, said Homebase had been "out of stock"  too much but that the business would be improved over time after Wesfarmers' £340m February purchase of the Homebase.

"We are not particularly enamoured with the way it goes to market and … it’s not a particularly well positioned business," Gillam told delegates at an Australian British Chamber of Commerce lunch in Melbourne.

"But we don’t think we have paid too much for a poorly positioned business."

Gillam said plans to open four to six rebranded outlets by June 30 were "on track".

"We’re not going to be too shaken off our path if we are boring people across the next couple of years because we haven’t got any flash results to show,.

"We are generally pretty long-run, long-term focused operators."


Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Read These Next

Top 30 Ornamentals Nurseries by Turnover - expansion and consolidation the name of the game

Top 30 Ornamentals Nurseries by Turnover - expansion and consolidation the name of the game

Tough retail pricing policies and Brexit opportunities drive the top 30 growth strategies.

Kalmia

Kalmia

Beautiful flowers and striking buds make these little-known evergreen shrubs well worth a try, writes Miranda Kimberley.

Labels and labelling

Labels and labelling

Just-in-time labelling can help growers and retailers to take advantage at times of higher demand for plants, says Sally Drury


Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +
Horticulture Jobs
More Horticulture Jobs

Garden retail Top 100 GARDEN CENTRES

Our exclusive ranking of garden centre performance by annual turnover. 

Garden Centre Prices

Pest & Disease Tracker bulletin 

The latest pest and disease alerts, how to treat them, plus EAMU updates, sent direct to your inbox.

Sign up here