Bunnings hits back, calls ComCom prosecution 'odd'

Bunnings hits back, calls ComCom prosecution 'odd'
Bunnings lowest prices guaranteed campaign has come under fire.
Victoria Young
Bunnings’ legal team has hit back against allegations of misleading advertising, saying consumers don’t really expect Bunnings to have the lowest price across every single item in every single store.The Commerce Commission has taken a Fair Trading Act case accusing Bunnings of misleading consumers with its “lowest prices guaranteed” slogan.The retailer’s case was an “odd prosecution” which “had not improved with its age”, Bunnings’ lawyer Adam Ross QC told the Auckland district court i...

More Retail

The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024
Serato and AlphaTheta have abandoned deal
Retail

Serato and AlphaTheta have abandoned deal

The CMA said it has received written assurances from the parties. 

Rebecca Howard 24 Jul 2024
Warehouse share trading complaint filed
Retail

Warehouse share trading complaint filed

The Warehouse had confirmed a buyout proposal had been lodged.

Gregor Thompson 24 Jul 2024
Stephen Tindall supports Warehouse takeover offer
Retail

Stephen Tindall supports Warehouse takeover offer

Bid from Australian private equity firm values shares at between $1.50 and $1.70.