On the one hand, Bunnings is one of the most powerful Australian retail store participants, however has still not been spared from failure, for example the unsuccessful expansion in Great Britain through the takeover of Homebase. The AUD 700 mio investment was sold to Hilco Capital at the start of 2018 for GBP 1 (AUD 1.82)
By the end of 2020
Australia: Bunnings goes online now too
On the one hand, Bunnings is one of the most powerful Australian retail store participants, however has still not been spared from failure, for example the unsuccessful expansion in Great Britain through the takeover of Homebase. The AUD 700 mio investment was sold to Hilco Capital at the start of 2018 for GBP 1 (AUD 1.82)