Hardwarehouse

Hardwarehouse
Formerly	BBC Hardware Home Depot
Company type	Subsidiary
Industry	Retail
Founded	3 October 1992
Founder	BBC Hardware
Defunct	2001
Fate	Absorbed into Bunnings
Number of locations	62 (2001)
Area served	Australia, New Zealand
Products	Hardware
Revenue	$1.5 billion (2000)
Net income	$111 million (2000)
Number of employees	5,000+ (2000)
Parent	Howard Smith Limited
Website	www.hardwarehouse.com.au

Hardwarehouse was a home improvement chain in Australia. The chain was an offshoot of BBC Hardware, which was owned by Burns Philp and then Howard Smith Limited, and had stores in Australia and New Zealand. It was established by BBC Hardware as a way to implement and develop the adopted hardware warehouse concept which was based on overseas chains B&Q and Home Depot.

Before Hardwarehouse was absorbed into Bunnings in 2001, it was the largest corporately owned home improvement retailer in Australia and New Zealand with 62 stores and over 5,000 employees, as it traded under the BBC Hardware name.

History

The first store was opened in the Sydney suburb of Bankstown on 3 October 1992. Despite the store having a larger selling space than the ones that opened later, it proved that the introduction of this concept was successful. BBC Hardware continued market testing to further develop the concept and help it gain traction in the retail hardware market. Another store was opened at Rockdale in 1993, and two more at Thornleigh and Caringbah in 1994, to reflect the continuous market testing.^[1]

In July 1994, Howard Smith Limited bought BBC Hardware from Burns Philp and the chain was rebranded as Hardwarehouse. Subsequently, the chain expanded by opening new stores in Melbourne, Perth and Queensland. This followed with the chain's expansion into New Zealand. Since 1994, Hardwarehouse opened up to 14 stores a year. By 2001, the chain had 59 stores in Australia and three in New Zealand.^[2]

On 13 June 2001, Howard Smith Limited, owner of BBC Hardware and Hardwarehouse, was bought by Wesfarmers. The chain began its transition with the stores trading as Bunning by the end of 2001. During the transition period, three of the acquired Hardwarehouse stores in Australia were closed, as the rest of the stores were reformatted by late 2004.^[3]

A number of former Bunnings stores that were converted Hardwarehouse stores were converted into retail bulky goods stores, or repurposed for other uses. A few other stores were demolished and rebuilt for larger Bunnings Warehouse stores.

Locations

There were a total of 62 Hardwarehouse stores that operated across Australia and New Zealand. In Australia, there was two stores in the Australian Capital Territory, 29 in New South Wales, 14 in Queensland, two in Tasmania, eight in Victoria and five in Western Australia.

In New Zealand, Hardwarehouse operated primarily in Auckland, with three stores across the region.