Dominant Hardware store,Bunnings, via easy home renovating

The latest sales figures for the Home Depot clone, Bunnings are up 10.3% over 2009/2010. This continues the spectacular 15 year run of greater than 10% annual sales growth. A great result in a slow Australian economy, this vindicates the expansion policy. The new 22 stores last year,in 2010 and 18 new stores to be opened this year and into the future. The opening of more dedicated trade outlets allows an increase in products and services more closely aligned to new home building. The rate of profit on invested capital at 30.4% is extremely high. One can only hope and expect, with the new competitor Lowes / Masters to begin opening stores from Septembeer, 2011. The profit rate of Bunnings will fall and the hardware and easy home renovators will benefit from more competition leading to less expensive building supplies. The 150 new big box Lowes/Masters Hardware stores expected in the next few years underlines the optimistic outlook for the home renovation sector. For the keen price cutter, one can buy discount supplies from the auction outlets like, Caseys, Grays, Fowles, eBay.

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The new Lowes/Masters stores in Australia,via easy home renovating

These are called Masters Home Improvement. The major differences in these easy home renovating stores to the Home Depot clone, Bunnings include, an offer of White goods Appliances,a bigger display of Kitchen and Bathrooms, a wider range and emphasis on Plumbing supplies, a wider range of windows, greater emphasis on the home maker as distinct from the tradesman D.I.Y. market.
“How to Guides”,a credit facility,more videos and ebooks with Internet access and research even before you go to the store like the virtual room designer guide videos.

One can research online, via a Room by Room renovating guide for the Kitchen, Bathroom, Garage, Laundry, Accessability Guides and Children’s room.

A greater emphasis on the Tradesmen and Installation renovating service.

A free delivery service. A free estimating calculator sevice, which prices your easy home renovating project.

An emphasis on home Sustainability solutions, including Energy Savings, Water Savings,

The Lowes/Masters Credit Card, for great financing, includes first 60 days interest free.
Taken all together, I am expecting Lowes/Masters stores to offer a better ranges of products, tools and services including, Customer Care.

The home Creative Living area offers featured Videos, Featured projects, featured Weblogs.
I aim to check out the products and order “online ” with pick up, at the store or free delivery. Masters will offer “white goods”, like fridges an lots of exclusive imported items.

While, the easy home renovating emphasis in the Home depot clone, Bunnings is on “Lowest Prices”. The Lowes/Masters stores will offer a wider range of products and services. I fully anticipate the new Masters stores will save my business thousands a year, mainly, due to it being a one stop shop. The First one is due to open 1St of September, 2011, in Inner West of Melbourne suburb, at Braybrook.
New stores will open, soon at Tingalpa, Nerang, Ipswich, Springfield, Burnside, Morayfield and Gregory Hills.There are 18 new Masters store under construction right now. Some to open soon, include, Majura Park, Canberra, ACT, Springfield, Qld, Upper Coomera Qld, Narellan, NSW, Forrestdale, WA, Carrum Downs, Vic, Preston, Victoria delayed opening at Keysborough, Victoria. New stores are expected to open rapidly including at  Baldivis, Bibra Lake, Coolaroo, Mornington, Keysborough, Oakleigh South, Preston, Scoresby and Box Hill South. There will be 200 new Masters stores built over the next five years.

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New Lowes/Masters Stores, for home renovating

Writing for Australian readers of the expected benefits from the New Masters Home Improvement chain to open over the next few years: the Masters Home Improvement store.

Its the Woolworths/Lowes/Masters Joint venture. The home improvement market is growing at twice the rate of the economy. Its a $42 Billion market. The Masters/Lowes store, will compete with major white goods retailers and furniture stores, including, elements of Myer, Reece, Harvey Norman, Ikea, Freedom Furniture, Domayne, Retravision. The new chain will have 200 stores very quickly, by building on the Danks stores and parts of Mitre 10.

The new Masters/Lowes stores will have a wider range of home renovation products including, Furniture, White goods, Outdoor living products, Heating/Cooling, Home decorating products, Carpets, Storage, Curtains, Lighting, Kitchens,and Bathrooms. The Home Depot, clone, Bunnings also, has an aggressive new store opening plan of opening a dozen stores a year. Bunnings is more like the Home Depot format of large cold barns, with a limited range of low cost products.

Woolworths/Lowes will be more like Lowes store a more comfortable store with a wider range of Home Decor products, emphasis on Healthy Living, ordering online, free delivery, Decorative products like, curtains, rugs, wall paintings, Saving Ideas, Trades Professionals Installers and Free, Easy credit, Creative Living magazines.

Lowes has an FREE easy read Ebook, via computer.

I fully expect this competition will cut the costs of Home renovating products by thousands for each home. It will be a one stop shop for easy home renovating.

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