Speaking to clients who deal with Homebase / Bunnings there has certainly been a change of 'habits' in the Buying teams as the focus shifts in to 'every day value'. It will be interesting to see how the UK market reacts to the new 'brand' and how market share will change. £500m is certainly a big commitment!
Bunnings plans to spend £500m transforming the Homebase business and adding to the estate with new stores. Mr Davis also confirmed that its core proposition would be refocussed on DIY, tools and consumables and an enhanced garden offer.