Bunnings' price-beat guarantee has a catch for thousands products
Bunnings's price-beat guarantee may be misleading, as the hardware giant sells over 9,000 home-brand products that cannot be found cheaper elsewhere. This raises questions about the practicality of the promise. The investigation found that many of Bunnings's home-brand products, like Citeco ladders, are sold with the price-beat guarantee, but are exclusive to Bunnings. This makes it impossible for customers to find a lower price from a competitor. Bunnings, with a high-profit margin, has largely avoided scrutiny compared to supermarkets. Critics suggest the lack of competition in the hardware sector allows Bunnings to control prices, potentially impacting consumers.