Mitre 10 (New Zealand)

Last updated

Mitre 10 New Zealand Limited
Company type Private
IndustryRetail and trade building supplies
FoundedJune 1974;50 years ago (1974-06)
Headquarters
Auckland, New Zealand
Number of locations
84
Area served
New Zealand
Key people
Andrea Scown (CEO)

Mark Conelly (CFO)

Peter Muggleston (CDO)
Products
Website www.mitre10.co.nz

Mitre 10 is a New Zealand chain of home improvement stores established in June 1974. The company sells a range of household hardware, building supplies, heaters, air conditioners, garden products, barbecues and camping gear. [1]

Contents

There are 84 Mitre 10 member stores around New Zealand, including 19 in Auckland. Together, the members employ more than 8000 staff. [1] [2]

History

Mitre 10 was started in Melbourne, Australia in 1959 as a local co-operative, with the initial 8 independent operators pooling their resources for shared advertising and promotion. [3] Separate state-based companies were formed in the years following. An overall licensing company was established in 1964. [4]

The co-operative concept became known to New Zealand hardware shop owners, [5] and on 28 June 1974 the New Zealand Herald reported "some of the smaller firms in the timber and hardware merchandising field are grouping together to present a unified buying and selling front." The first member's meeting in 1974 consisted of twelve members representing fifteen stores.[ citation needed ]

In the late 1980s the chain expanded its to include home and garden products. In 1994 the "Mitre 10 Home and Trade" brand was established. Two brand names (Hammer Hardware, Mitre 10 Mega) further expanded the Mitre 10 presence in both the small and large towns and cities. There were 50 Mitre 10 stores in 1999, [6] 113 in 2003 and 83 in 2019. [7] [6]

In 2010 Mitre 10 (New Zealand) Limited took full ownership of the Mitre 10 brands for New Zealand after changes to the ownership of the Mitre 10 operation in Australia. [8] [9] Despite sharing the same heritage, the modern operations in New Zealand and Australia are separate.

Sponsorships

Mitre 10 was formerly involved in the production of Mitre 10 Dream Home , a reality television series which ran from 1999 until 2013.

From 2016 to 2020, Mitre 10 became the sponsor of the National Provincial Championship, which became colloquially known as the Mitre 10 Cup.

In partnership with Kiwibank, the company annually runs the Mitre 10 Awards to acknowledge and support community projects. [10]

MEGA Stores

Mitre 10 MEGA store in Hornby Mitre 10 MEGA interior.png
Mitre 10 MEGA store in Hornby

Mitre 10 Mega is a chain of big-box stores. Mega stores offer customers a larger product range than standard Mitre 10 stores, including a larger range of garden related products. [11] The first Mega store opened in Hastings Central in 2004. [12]

Related Research Articles

<span class="mw-page-title-main">Rona (store)</span> Canadian home improvement retailer

Rona, Inc. is a Canadian retailer of home improvement and construction products and services, owned by U.S.-based private equity firm Sycamore Partners. Founded in 1939, the company operates a mixture of company-owned and franchised retailers under multiple banners, including Rona, its big box formats Rona Home & Garden, Rona+, as well as smaller brands such as Rona Cashway, Moffatt & Powell and Dick's Lumber.

<span class="mw-page-title-main">Hardware store</span> Store that sells household hardware for home improvement

Hardware stores, sometimes known as DIY stores, sell household hardware for home improvement including: fasteners, building materials, hand tools, power tools, keys, locks, hinges, chains, plumbing supplies, electrical supplies, cleaning products, housewares, tools, utensils, paint, and lawn and garden products directly to consumers for use at home or for business. Many hardware stores have specialty departments unique to its region or its owner's interests. These departments include hunting and fishing supplies, plants and nursery products, marine and boating supplies, pet food and supplies, farm and ranch supplies including animal feed, swimming pool chemicals, homebrewing supplies and canning supplies.

<span class="mw-page-title-main">Foodstuffs (company)</span> New Zealand retailers cooperative

Foodstuffs (NZ) Ltd is a New Zealand grocery company owned by the retailers' cooperatives Foodstuffs North Island Limited and Foodstuffs South Island Limited. Together, the two cooperatives collectively control an estimated 53% of the New Zealand grocery market. The group owns retail franchises Four Square, New World and Pak'nSave, and in-store private labels Pams, Pam's Finest, and Pam's Value. Foodstuffs operates over 400 retail stores as of 2020, and serves an estimated 3.6 million customers each week.

<span class="mw-page-title-main">The Warehouse Group</span> New Zealand retail group

The Warehouse Group (TWG) was established by Stephen Tindall in 1982 and is the largest retail group in operation in New Zealand. It is a corporate conglomerate that consists of The Warehouse, Warehouse Stationery and Noel Leeming.

Bunnings Group Limited, trading as Bunnings Warehouse or Bunnings, is an Australian household hardware and garden centre chain. The chain has been owned by Wesfarmers since 1994, and has stores in Australia and New Zealand.

<span class="mw-page-title-main">Wesfarmers</span> Australian conglomerate

Wesfarmers Limited is an Australian conglomerate, headquartered in Perth, Western Australia. It has interests predominantly in Australia and New Zealand, operating in retail, chemical, fertiliser, industrial and safety products. With revenue of A$43.5 billion in the 2023 financial year, it is one of Australia's largest companies by revenue. Wesfarmers is also one of the largest private employers in Australia, with approximately 107,000 employees.

Farmers Trading Company Ltd is a New Zealand mid-market department store chain. Headquartered in Flat Bush, Auckland, Farmers operates 59 stores across New Zealand, specialising in family fashion, beauty, homewares, furniture, large appliances and whiteware.

<span class="mw-page-title-main">Woolworths (New Zealand supermarket chain)</span>

Woolworths is an Australian-owned New Zealand full-service supermarket chain and subsidiary of Woolworths New Zealand, itself a subsidiary of Australia's Woolworths Group. Previously known as Countdown, the business is currently in the process of rebranding all stores as Woolworths.

<span class="mw-page-title-main">Briscoe Group</span> New Zealand retail company

Briscoe Group is a New Zealand retail chain. It has 92 stores throughout New Zealand trading under the Briscoes Homeware (48) and Rebel Sport (44) nameplates. The company was founded in 1861 in Dunedin, New Zealand, providing wares to gold miners. Profit in 2022 was $88.4 million. It has 2,300 staff in 90 stores.

<span class="mw-page-title-main">Mitre 10</span> Australian hardware store chain operating as a retailers cooperative, owned by Metcash

Mitre 10 is an Australian retail and trade hardware store chain. Operations are based on a cooperative system, where the store owners are members of the national group and each has voting rights. The chain name references the mitre joint. There are over 400 "Mitre 10" and its associated "True Value Hardware" franchises throughout Australia.

Price Chopper was part of the Woolworths New Zealand Supermarket Group, alongside Woolworths and Big Fresh.

Home Hardware is an Australian retail hardware chain. It is Australia's third-biggest hardware chain after Bunnings and Mitre 10, the latter of which is its parent company.

Metcash Limited is an Australian wholesaler and conglomerate company that distributes food, liquor and hardware. The company is headquartered in Macquarie Park, NSW.

<span class="mw-page-title-main">James Pascoe Group</span> New Zealand retail company (1906)

The James Pascoe Ltd Group of Companies is a privately owned New Zealand retail group with holdings across New Zealand and Australia. JPG owns and operates chains Pascoes the Jewellers, Stewart Dawsons and Goldmark ; department store Farmers ; homeware retailer Stevens; and bookshop Whitcoulls in New Zealand. The group's three Australian businesses are jewellers Prouds the Jewellers, Angus & Coote and Goldmark, with over 460 stores across Australia as of 2012. Goldmark is the only brand operating in both countries.

Barkers or Barkers Men's Clothing is a New Zealand menswear fashion brand and retail chain. It has 33 stores around the country, including 14 in Auckland. It was established in Auckland CBD in 1972, and is headquartered in Grafton, Auckland. The chain sells a range of men's clothing, including shirts, knitwear, pants, jeans, sweatshirts, jackets and coats, blazers, t-shirts, shorts, polo shirts, socks, ties and belts.

Retailing in New Zealand is an important sector in the economy of New Zealand, as a channel for a large proportion of household spending and international visitor spending.

<span class="mw-page-title-main">Hannahs</span> New Zealand menswear fashion brand and retail chain

Hannahs is a New Zealand footwear retail company.

Independent Timber Merchants or the Independent Timber Merchants Society is a New Zealand co-operative of independent building supplies and hardware retailers. Its stores sell a range of products to both tradespeople and consumers, including building supplies, power tools, kitchens and paint.

References

  1. 1 2 "Mitre 10". mitre10.co.nz. Mitre 10.
  2. "Levin store wins big at national Mitre 10 Awards". NZ Herald. 17 October 2024. Retrieved 19 October 2024.
  3. "Mitre10" Archived 4 March 2014 at the Wayback Machine , Superbrands Australia
  4. "About us", Mitre 10 Australia
  5. "...many success stories about Mitre 10 Australia and the cooperative philosophy...", MEGA Hastings & Napier
  6. 1 2 "Then as Now". Marketplace Media. Hardware Journal. 18 December 2019.
  7. Bingham, Eugene (24 October 2003). "Retailers jostle for the DIY dollar". Wilson & Horton. New Zealand Herald.
  8. "Mitre 10 New Zealand Secures Brand Ownership". scoop.co.nz.
  9. "NZ Mitre 10 responds to sale of Australian counterpart", 2 December 2009, NBR
  10. "Mitre 10 Community of the Year". Mitre 10. Retrieved 19 October 2024.
  11. "About Mitre 10 MEGA", "", Retrieved 30 May 2011
  12. Bradley, Grant (5 January 2008). "Battle of the giant hardware barns". APN News & Media. New Zealand Herald.