The Bunnings products that can't be found cheaper elsewhere | The Business | ABC NEWS
It’s the Bunnings slogan everyone’s heard — a promise to beat a competitor’s price on the same stocked item by 10 per cent. But there’s a catch to the hardware giant’s famous price guarantee. Through the trademark register and questions to Bunnings, Four Corners and The Business has found the hardware giant has more than 9,000 home-brand products. In Bunnings aisles around the country, many of these home-brand products are sold alongside signs with its 10 per cent promise. You can’t find these products cheaper anywhere else because they’re made for Bunnings. Bunnings’s brands include everything from Jumbuck barbecues and Craftright toolboxes to Marquee outdoor furniture, Mondella toilets and Happy Tails pet supplies. Some home brands, such as Trojan tools, even have their own website. Competition regulator, the ACCC, says retailers were not legally required to identify home brand products but, if an item was marketed as though it was produced by a third party, it might amount to misleading or deceptive conduct. Bunnings says it complies with all legal and regulatory requirements for product labelling. The company says it “empowers” staff to take a “common sense approach” and will price match on similar items.
While Coles and Woolworths have been under intense scrutiny, Bunnings — which has a much higher profit margin than either of them — has mostly escaped attention.
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