Masters Vs Bunnings

[Never had any say Panda]

If you want to compete you need to be aggressive and you need to make money at the expense of smaller businesses. Bunnings are most guilty of this...

Boom Tish..

Way to hang your own store.. I don't agree with it.. but unfortunately it's right..

[Wingnut]

I don't work for them anymore, not for a few weeks now.

[Dagabond]

40,000 at the expense of probably 100,000 people being put OUT of work...is easy to create a marketing speal but a lot harder to see the bigger picture.

[_Velocity_]

Not being at the mercy of eBay or any other Internet seller makes life easier though for this particular retailer.

Maybe Harvey Norman should look at selling doorknobs, lightglobes, manure and fertilizer.

[bossmang]

the supermarkets are taking over

havey norman buying out the smaller stores like clive peters

dick smith closing stores, cant remember why?

looks like survival of the fittest out there geez!!!!!!!

[Wingnut]

Supermarkets are finally getting it right IMO. Good fresh offer, better range and more stock. Not all but you can see in Coles' last year results they are doing something right.

Best mate was COO for Clive Peters a few years ago and saw the writing on the walk regarding large appliance retailers back then. With the strength of the Aussie $$ and price deflation it will be an age before hard goods retailers see comps. Take TVs for example. Not even 12 months ago you would have paid $2500 for the same tv that can now be had closer to $1000. So now you're having to sell 2-3 flat screens to achieve the sane amount of turnover. Officeworks where I am now are 40% behind last years numbers in computer sales. Selling roughly the same number of units but the average price has dropped so sharply you simply can't sell enough to maintain high net turnover. As prices go down so does margin and ATM most electrical retails are operating at negative margin on a lot if products just to stay in the game.

This is obviously why Woolies sold off Dicksmiths and are probably dancing around the Xmas tree thanking their lucky stars that they dodged a huge bullet.

[bossmang]

officeworks are behind in computer sales as you cant bargain with them, and are usually more expensive. and I go there to buy paper and pens not computers :/

[Never had any say Panda]

I disagree as office works price match anything and let you search the prices online.

One of my mates convinced them to price match a duty free store..

[Wingnut]

You're correct Panda, they have to and will price match anything. Even online you just have to add the shipping as most online stores these days give you killer prices but charge through the nose on freight. Yesterday I authorised a $129 router to go out at $49 price matched against Netcomm. Laptop at $699 against jbs $499 minus the 5% of course. They will ALWAYS be cheaper but like I said earlier more often than not its up to the consumer to do their homework.

[bossmang]

$129 router for $49?

how much mark up on that thing fark