Brexit blow to Wesfarmers’ Bunnings UK pilot

Britons’ vote to quit the European Union could weigh on Wesfarmers’ plan to test its Bunnings UK model as uncertainty and  predictions of a weaker housing market test consumer sentiment.
Broker JP Morgan said it could be more difficult to evaluate the success of its Bunnings UK model against the backdrop of a softer housing market and weaker consumer confidence. Sydney Morning Herald – Read more…

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