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Bunnings boss Mike Schneider eyes $100b addressable market amid product expansion push
Bunnings boss Mike Schneider eyes $100b addressable market amid product expansion push

West Australian

time22-05-2025

  • Automotive
  • West Australian

Bunnings boss Mike Schneider eyes $100b addressable market amid product expansion push

Bunnings boss Mike Schneider is eyeing a market worth over $100 billion as the hardware giant pushes deeper into the automotive space following the success of its move into pet goods and cleaning products. The Wesfarmers-owned retailer is threatening the dominance of Autobarn and Supercheap Auto as it adds auto products to its ever-growing category range. Bunnings is also expanding into cleaning, disability and assisted living, as well as electric vehicle charging. Speaking to investors and analysts during Wesfarmers' strategy day on Thursday, Mr Schneider said Bunnings' addressable market was fragmented and highly competitive across several categories spanning from decor and home furnishings to hardware, gardening, electrical and tools. 'Our model and addressable market continues to support growth and resilience through the cycle,' Mr Schneider told the audience in Sydney. He said strong fundamentals underpinned the retailer's long-term growth, including population growth, housing availability, home improvements, lifestyle and demographic trends, as well as innovation and technology. The Bunnings boss also highlighted its strong track record driving sales growth faster than space growth, which relates to store size. 'Over the last decade, Bunnings has grown sales (about) 3.7 times faster than space growth,' Mr Schneider said, adding it was targeting average space growth of about one to 2 per cent each year to the 2029 financial year. Mr Schneider last month sent a warning to auto brands that baulk at supplying Bunnings for fear of upsetting other big customers like the Super Retail Group-owned Autobarn and Supercheap Auto, saying they could be left out in the cold. Revenue at Bunnings, Wesfarmers' biggest profit earner, hit just over $10b in the first-half, up 3.2 per cent on the prior year. Meanwhile, the freshly-minted boss of Kmart Group, Aleks Spaseska, also fronted investors for the first time on Thursday since stepping into the role in April. Outlining her future strategy, Ms Spaseska said she was focused on strengthening and growing the core product — its highly successful Anko brand — stores and cost structures. She aims to double the business over the long term. Ms Spaseska, who took over from Ian Bailey, said Kmart Group — which also includes Target — had a large and growing market with a significant opportunity to grow the share of wallet. It also had an opportunity to broaden its existing product ranges in youth apparel, toys and games, as well as cleaning products. 'Gen Z and Alpha are the fastest growing customer segments and over the next few years, will come to represent a material portion of total consumer spend. Engaging these customers through the evolution of product offer in shopping experience is a strategic priority,' she said. It comes as Wesfarmers plots more stores under the Anko brand. The Nightly last year revealed Anko was set to open more stores in the Philippines as part of the group's push into international markets. Anko opened its first pilot store in Manila last November.

Anko product pulled from shelves at Kmart after injuries
Anko product pulled from shelves at Kmart after injuries

9 News

time13-05-2025

  • Health
  • 9 News

Anko product pulled from shelves at Kmart after injuries

Your web browser is no longer supported. To improve your experience update it here Kmart has recalled a physical therapy product after some buyers were injured. The Anko heated elbow pad was sold online and in Kmart and Target stores around the country, according to the recall notice. It's a rechargeable heat pad for use on the elbow. A heated elbow wrap sold in Kmart and Target has been recalled (Supplied) However, users have now been warned that the device can overheat if it is positioned incorrectly or wrapped too tightly. There is a risk of burns injuries to the skin, with increased risk for heat-sensitive customers. "Injuries have occurred," the recall notice read . The product has caused injuries, the recall notice said. (Supplied) Customers are urged to stop using the pad immediately and return it to the place of purchase for a full refund, or contact the store if they cannot return in person. People can contact Kmart on 1800 124 125, from 7am to 6pm AEST Monday to Friday, or Target on 1300 753 567, from 9am to 7pm AEST Monday to Friday, and 9am to 5pm AEST on Saturday. Kmart and Target can also be reached online. Product recall safety Kmart Shopping Australia national CONTACT US Auto news: Australia's most dangerous regional roads revealed.

Kmart issues product recall on item due to risk of burns: 'Injuries have occurred'
Kmart issues product recall on item due to risk of burns: 'Injuries have occurred'

Yahoo

time13-05-2025

  • Health
  • Yahoo

Kmart issues product recall on item due to risk of burns: 'Injuries have occurred'

Kmart has issued a product recall on their Anko Heated Elbow Wrap as it "could pose a risk of burns to the skin". The product has been removed from Kmart's website, but there are other similar products available for wrists and ankles, which have not been recalled. The products promise to deliver "soothing warmth to relieve tired or strained" elbows, wrists and ankles. The product is designed to be worn during "daily activities or post-workout", and it can be charged with a USB cord. RELATED: Kmart fans rush to buy $35 item that transforms household task: 'I bought two' Kmart shoppers praise 'brilliant' kitchen storage idea using unlikely $9 item Kmart shoppers are going wild over 'amazing' $25 gadget: 'Changed my life' On social media, Kmart shared a statement about the Heated Elbow Wrap, which read: "At Kmart, we take the quality and safety of our products very seriously, which is why we would like to advise you of a product safety recall on the following product sold between 01/01/2025 - 04/04/2025. "The elbow wrap can overheat if it is positioned incorrectly or it is wrapped around too tight on the elbow. This could pose a risk of burns to the skin, with increased risk for heat-sensitive customers. Injuries have occurred." They add that customers should stop using the product immediately and return it to their nearest Kmart store for a full refund, even if they can't find the receipt. Kmart asks those who are unable to return the product, or who have sold or gifted the product, to also contact them on 1800 124 125.

Review: I tried the new $169 Kmart robotic vacuum cleaner. Here are my honest thoughts
Review: I tried the new $169 Kmart robotic vacuum cleaner. Here are my honest thoughts

Daily Mail​

time08-05-2025

  • Daily Mail​

Review: I tried the new $169 Kmart robotic vacuum cleaner. Here are my honest thoughts

Tumbleweeds of pet hair, dust, dirt and kiddie debris are an ever-present feature in my busy household. With a family that includes a fluffy golden retriever dog and two young boys, I've always known a robotic vacuum would be a useful cleaning upkeep device for our light timber veneer floors. A few years ago, my husband bit the bullet and invested several hundred dollars in a fancy robo vac. And it was every bit as glorious as I'd hoped it would be. Unfortunately, the burning desire to use the robo vac as a toy proved irresistible to my then very young children – and one too many 'games' of 'trying to catch and step on the robo vac' resulted in its demise. RIP. With the original robo vac out of warranty and not worth the cost of repair, I've since been making do the old fashioned way with a dustpan and broom That is, until now. Although I was already a rusted-on fan of robotic vacuums, the expensive initial outlay cost had made me fearful of repurchasing. But when I heard that Kmart had come through with an own-brand Anko version of the appliance, it was time to jump back on the robotic vacuum bandwagon. Kmart's Anko Robotic Vacuum retails for just $169 - and videos reviewing and unboxing it have already gone viral on TikTok. It's no surprise then then that the website product listing confirms it has 'sold out online' - and when I try to search for it at my local Sydney Kmart stores, it's listed as either 'Out of stock' or 'Low stock'. Online reviewers who have managed to get their hands on it have heralded it as a great value entry-level robotic vacuum that works well on smooth surfaces like hard floors and light messes, and is ideal for small households. The product also boasts that it can operate for 90-minutes on a full charge and has a 'simple bin and filter system'. This device is around half the price of my first robotic vacuum cleaner - and I'll admit, the drastic price difference had me approaching this product trial with some skepticism. Spoiler alert: it lived up to all my expectations and even surprised me with a few additional features. But I'm getting ahead of myself. Upon opening the product box, my initial thoughts were that it looked almost identical in appearance to my original more expensive robotic vacuum. Even the button noises sounded the same! In addition to the device itself, you're also supplied with a charging dock and cord, a remote (it needs two triple A batteries), a spare filter and four side brushes – two as spares. You're also supplied with a mop attachment water tank and a couple of mop pads – but more on that later. The straight forward instruction manual recommended charging the device for a full eight hours before the first use. It was then simply a matter of clicking on the side brushes and the robo vac was ready to get down to some dirty work. After hitting the power button on the appliance, there are three ways to get the robotic vacuum started: by pressing the 'start/pause' button on the device, using the supplied remote or by downloading an app and then pairing the robotic vacuum with the wifi. I know tech-lovers adore this kind of mobile pairing functionality, but I personally have enough apps in my life already and felt the remote and on-machine buttons were more than sufficient. I'd also be unlikely to operate my robo vac remotely when not at home – but I understand that this is a big selling point for some people. As I sent my device off on its maiden voyage, I was highly impressed with the way it maneuvered its way around the house with the aid of its bumper sensors and driving wheels. The wheels were actually bigger and sturdier than my previous model, which from my observations helped it get 'unstuck' from any unexpected ridges it encountered. Those in the robotic vacuum know had already expressed concern that the Anko model's vacuum specs were lower than most other models. Indeed, it has a 1200-2200 Pascals (Pa) adjustable suction power, whereas some online sources suggest 2000-2500 Pa should be the minimum. Nevertheless, I put it to the test by offering up my dirt and dog hair filled floors – and I can honestly say it happily ate it all up. Hit play on the video at the top of this article to watch it in action. I was pleased to see that while the vacuum sucked up dirt, dust and hair, it omitted to pick up bigger non-rubbish kiddie items it rolled over on the floor, like pencils. The sensors also helped it smoothly navigate its way around other various floor-bound items like furniture, backpacks, sneakers and even the dog! The robotic vacuum offers several different cleaning modes. I personally found the default 'normal' mode adequate, but there's a 'turbo' mode that offers higher suction, a 'spot cleaning' mode that instructs the device to continuously clean within a small area and a 'wall following' mode that sees the robot following the edge of a room. You can toggle between these settings on the remote or the app. Because our household has high volumes of dog hair and debris, the dust canister filled up quicker for me than it would for most people. After about 40 minutes of whizzing around, it was full. This also meant that the 90 minute battery life is unlikely to ever be an issue for me. The underside of the device around the suction entry flap and side brushes did get tangled with dog hair, which I easily was able to remove. (Pet-free households probably wouldn't have this issue.) The dust canister then clicked out easily and could be tipped into the bin, although it was smaller than I'd like and did require a bit of reaching in with your hands to fish out all the debris. The Kmart Robotic Vacuum cleaner markets itself as a 3-in-1 device, that can 'sweep, vacuum and mop' – all at once. The addition of a mop function was an unexpected surprise – and I set about giving that a go. The water tank attachment needs to be filled with water and if you have it, a robotic-friendly cleaning product. On top of the water tank attachment is a removeable mop pad - they give you a spare too. All you need to do is lightly wet the pad, and then click the entire attachment piece onto the robotic vacuum. Then, you simply set the vacuum into motion as you normally would and the sweeping brushes, vacuum and dripping mop all work simultaneously. Although the mop function is a 'nice to have' feature, my floors generally require a bit more elbow grease to clean, whereas this device does more of a light touch mop finish. Ending your cleaning session can happen in a couple of ways. If the robot is low on battery, it will sound four beeps and then manoeuvre its way back onto the charging dock. (I never get tired of how clever that is!) Otherwise, you can end the cleaning session by pressing the pause or power button – or simply by clicking the 'home' button to send the robot off to find the charging dock. Sometimes the excited proclamations by TikTokers about the next must-have home item can be overblown. But in this instance, I think this affordably priced cleaning appliance lives up to the hype. This robotic vacuum, like the one I've had before, is like that helpful extra pair of hands for doing chores around the house. When I'm in full house-cleaning-frenzy-mode, I can confidently hit start on the robotic vacuum cleaner with the knowledge that the floors are being taken care of while I simultaneously set about doing other chores like wiping benchtops or cleaning the bathroom. It's like 2-for-1 cleaning. In my high-level floor debris household, a robotic vacuum will never realistically be able to pick up 100 per cent of dirt, dust and dog hair off the floor. (Frankly, even my top quality normal vacuum cleaner struggles to do it too!) But this gadget absolutely gives you a massive leg up on cleaning the floor, reducing the amount of time needed for a final manual clean-up. The real test though is whether this device can survive the attentions of my curious and playful children. (I can assure you that rules have been much more firmly laid down this time around acceptable ways to interact with the robot!) But whether this device can survive the unintentional knocks of a bustling young family household remains to be seen. Watch this space!

Kmart quietly launches $49 gadget that transforms your room into an 'instant oasis': 'I'm in heaven'
Kmart quietly launches $49 gadget that transforms your room into an 'instant oasis': 'I'm in heaven'

Daily Mail​

time07-05-2025

  • Entertainment
  • Daily Mail​

Kmart quietly launches $49 gadget that transforms your room into an 'instant oasis': 'I'm in heaven'

Kmart Australia shoppers have spotted a new bargain version of a popular space-themed tech device - but it's been upgraded with an added feature. The popular mass retailer has just launched its own Anko Galaxy Projector Speaker, which retails for $49. Store regulars were quick to recognise that this newly released product was similar to the extremely popular Mirabella Genio Wi-Fi Nebula & Star projector, which is also available at Kmart for $69. The new galaxy projector promises to 'transform any room into a captivating cosmic wonderland', according to the product description. It boasts 13 interchangeable projection slides, which light up the room to create an instant outer space atmosphere. Among the projection options are 'starry skies, mesmerising galaxies and calming nebulae'. There's also the option of either coloured or black and white projections. However, a key difference with Kmart's new galaxy projector is that it's been upgraded with the addition of a built-in wireless Bluetooth speaker. This connectivity allows for a fully immersive sensorial experience, enabling users to connect to the device to simultaneously play their choice of music while the projector lights up the room. Alternatively, the speaker also has the option of being used in 'white noise' mode. The device comes in-built with 19 different white noise settings, each creating 'the perfect atmosphere for relaxation, sleep, or meditation' – again, simultaneously as celestial projections are cast onto the ceiling and walls. Another feature of this device is a convenient timer function, which ensures the projector automatically switches off after a desired length of time. The timer is especially useful for anyone that uses their galaxy light as an aid for falling asleep – meaning they won't have to worry about later waking up to switch it off. Kmart shoppers have already been won over by the similar Mirabella Genio Wi-Fi Nebula & Star projector, which has been described by fans as 'magical'. However, a common gripe customers had with it was that it required a wifi connection in order to work properly. 'You can use it on just one basic setting [without wifi]. We took it away with us with no internet and it turned on and worked well enough for the kids to use it as a night light,' one mum explained online. The new Anko Galaxy Projector Speaker doesn't appear to have that issue as it works without an internet connection. The device is also USB powered. The original Mirabella Genio projector was beloved by both kids and even adults for casting colourful stars onto walls and ceilings. 'We just got one each for my kids and they love it. I will admit I have thought about getting myself one,' commented one online fan. 'It is like the new-age glow in the dark moons,' another woman marveled. Another parent said she got the projector to help her baby with sleep training, while others said their school-aged children love the light. The original Mirabella Genio projector raced off shelves when it was first launched over four years ago – with many shoppers saying at the time that they struggled to find it in stock. 'They sold out fast at Xmas and will again now the cat is out of the bag,' one woman said at the time. Although the Mirabella Genio Nebula and Star Projector is slightly more expensive than the new Anko Galaxy Projector Speaker, both devices are far cheaper compared to other higher end galaxy projectors on the market, which can set you back anywhere from $80 to a whopping $550.

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