Bunnings expansion another nail in coffin for independent pet stores

Bunnings expansion another nail in coffin for independent pet stores

Since the Seventies, Emmanuel Devo’s household has operated Junction Pets Pantry, a small pet retailer on a quiet road in Bondi Junction, promoting bespoke recent pet meals and different objects.

He’s witnessed “plenty” of change and “predatory pricing” since chains like Pet Barn emerged and dominated the excessive road, adopted by the rise of on-line behemoth Amazon, and the entry of company powerhouses Woolworths and Bunnings.

Junction Pets Pantry in Bondi Junction.
The arrival of massive company gamers within the pet sector has pressured many impartial shops to shut. (Google)

Devo advised 9news.com.au that Bunnings’ intention to ramp up its restricted pet providing to round 1000 objects spells extra dangerous news for the few remaining impartial outfits.

“It’s a very different space now,” Devo mentioned, reflecting on sweeping adjustments because the sector acquired dominated by a small group of enormous gamers, armed with their immense shopping for energy and big logistical sources.

Squeezed out, many impartial pet retailers have gone beneath, he mentioned.

“I also look at the number of wholesalers that have disappeared as a result of it.

“What I realised is, because the shops disappeared, so did the range of the product that was out there, and the whole lot’s turning into very similar to a Westfield.

“When you go into a Westfield, from one Westfield to another, they’re boring as bat shit.”

He mentioned retail in malls and the excessive streets had more and more turn out to be “reduce and paste”.

“We used to sell multiple kennels many moons ago,” Devo mentioned.

“But that went by the wayside once you had players like Bunnings, I presume, dealing in these sort of heavy-gauge bulky goods.

“That was their prowess … and that turned extra prevalent as time glided by.”

The secret to his family store’s longevity, Devo said, lay in meeting a specific food niche and having a loyal, local customer base.

Exterior of a Bunnings Warehouse store in Australia
Bunnings is about to ramp up its game in the pet retail sector. (Adobe Stock)

And perhaps most crucial of all, he said, was that his family owned the building, which meant avoiding rent.

It also allowed the shop to stock products they believed in, he said.

They have never sold pets, which Devo said freed him from a “battle of curiosity”.

“Once you inventory animals, your prime directive is to promote them and so you don’t take a look at ‘are the folks appropriate’ situations.”

With around 60 per cent of Australians owning at least one pet, it’s no wonder Wesfarmers-owned Bunnings is gearing up to get more heavily involved.

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Bunnings have stocked a small range of pet goods for some time.

But by the end of March that will soon ramp up to around 1000 products.

The range will include food, and other Bunnings-branded items.

Today’s announcement will have been noticed by Pet Barn, which operates around 140 stories, and Woolworths, who last year invested $586 million in the company PETstock.

9news.com.au have contacted Pet Barn and Woolworths for comment.

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Source: www.9news.com.au