Bunnings suppliers break silence about hardware chain's supplier | The Business

Published: 15 April 2024
on channel: ABC News (Australia)
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Suppliers of garden plants to Australia's biggest hardware chain are reporting treatment from the company allegedly so severe that the resulting stress on nursery owners has broken up marriages and left some feeling like "slaves" and "serfs".

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The allegations are raising questions about whether Bunnings is abusing that market power.

Bunnings, which is owned by ASX-listed conglomerate Wesfarmers, opened its first store in 1994 and today has more than 300 nationally.

Data from IBISWorld shows Wesfarmers controls 43.3 per cent of the hardware market, although the company says its share of plant sales is closer to 25 per cent.

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