Founded | 1896Dunedin, New Zealand | in
---|---|
Founders | Henry Guthrie, George Bowron |
Headquarters | , |
Area served | New Zealand |
Products | Paint, wallpaper, flooring, curtains and blinds |
Website |
guthriebowron |
Guthrie Bowron is a franchise of New Zealand home improvement stores established in 1896. [1] [2] It sells a range of home decorating supplies, including paint, wallpaper, flooring, curtains and blinds. [1]
There are 51 Guthrie Bowron stores around New Zealand, including five in Auckland. [1]
The Guthrie Brown company was established in 1896 in Dunedin man Henry Guthrie. George Bowron later came on as a business partner, and the pair travelled around the South Island selling a range of products. [3]
In the mid-1920s, the company started importing what were the base ingredients for paint at the time: lacquer, varnish, lead and linseed oil. [3]
In 1932, the company became an agent for Dulux Paints; it opened a wallpaper store in Christchurch a short time later. [3]
Guthrie Bowron became a publicly listed company in 1963. [3]
By 1969, it had 18 branches around the country selling a range of paint and wallpaper. [3]
In 1971, Guthrie Bowrown was purchased by ICI NZ, the owner and manufacturer of Dulux Paints. [3]
The Masterton franchisee opened in 1973. [2] The Waitara, Taranaki store opened as Bedfords Colour Centre about the same time, before becoming a Guthrie Bowron store 49 years later. [4]
In 1985, the brand had 34 outlets. [3]
A group of senior managers took over the company in 1992. [3]
There were 50 Guthrie Bowron stores in 1999. [5]
Private equity firm Waterman Private Capital acquired the paint store brand in May 2005. [6] [7] It relaunched the brand to incorporate other forms of home decorating, such as curtains, blinds and flooring. [8] The franchise otherwise continued as normal. [9]
Guthrie Bowron recorded an 8% increase in wallpaper sales between 2011 and 2012, and a 18% increase between 2012 and 2013. The company said wallpaper was becoming a fashion item, and many home decorators were using it to create a feature wall rather than using throughout the entire room. [10]
Waterman trialed a new format in 2012, with a flagship company store at Sylvia Park in Mount Wellington, Auckland. [11]
Waterman sold Guthrie Bowron through another management buy-out in 2014. [8] [11]
In 2015, many franchises had been operating for two decades and the business model was profitable. [2]
In 2016, Guthrie Bowron had 42 stores. [12]
In February 2017, some franchisors told the National Business Review they were concerned about the recent closures of new format stores in Sylvia Park, Silverdale, Auckland and Christchurch. [11] A unspecified number of franchisors called for greater mandatory disclosure provisions. [13]
Guthrie Bowron stores were required to close during the start of the COVID-19 pandemic in New Zealand in 2020. The Timaru store reported being very busy when it reopened in late April. [14] The store in Te Awamutu reported being "busy as" as in July, despite the local Bunnings and Warehouse Stationery stores closing due to falling revenue. [15]
Global supply chain shortages affected Guthrie Bowron stores in 2021, including manufacturers not being able to source raw materials. [16]
Guthrie Bowron came second to Resene in the painting and home decorating category of the Reader's Digest customer service survey in 2021. [17] It ranked first in the home furnishing category of the Canstar Blue customer satisfaction award in 2021; [18] it came seventh in the same category in 2022. [19]
Guthrie Bowron stores have sponsored several public projects, including:
Founded | 1896Dunedin, New Zealand | in
---|---|
Founders | Henry Guthrie, George Bowron |
Headquarters | , |
Area served | New Zealand |
Products | Paint, wallpaper, flooring, curtains and blinds |
Website |
guthriebowron |
Guthrie Bowron is a franchise of New Zealand home improvement stores established in 1896. [1] [2] It sells a range of home decorating supplies, including paint, wallpaper, flooring, curtains and blinds. [1]
There are 51 Guthrie Bowron stores around New Zealand, including five in Auckland. [1]
The Guthrie Brown company was established in 1896 in Dunedin man Henry Guthrie. George Bowron later came on as a business partner, and the pair travelled around the South Island selling a range of products. [3]
In the mid-1920s, the company started importing what were the base ingredients for paint at the time: lacquer, varnish, lead and linseed oil. [3]
In 1932, the company became an agent for Dulux Paints; it opened a wallpaper store in Christchurch a short time later. [3]
Guthrie Bowron became a publicly listed company in 1963. [3]
By 1969, it had 18 branches around the country selling a range of paint and wallpaper. [3]
In 1971, Guthrie Bowrown was purchased by ICI NZ, the owner and manufacturer of Dulux Paints. [3]
The Masterton franchisee opened in 1973. [2] The Waitara, Taranaki store opened as Bedfords Colour Centre about the same time, before becoming a Guthrie Bowron store 49 years later. [4]
In 1985, the brand had 34 outlets. [3]
A group of senior managers took over the company in 1992. [3]
There were 50 Guthrie Bowron stores in 1999. [5]
Private equity firm Waterman Private Capital acquired the paint store brand in May 2005. [6] [7] It relaunched the brand to incorporate other forms of home decorating, such as curtains, blinds and flooring. [8] The franchise otherwise continued as normal. [9]
Guthrie Bowron recorded an 8% increase in wallpaper sales between 2011 and 2012, and a 18% increase between 2012 and 2013. The company said wallpaper was becoming a fashion item, and many home decorators were using it to create a feature wall rather than using throughout the entire room. [10]
Waterman trialed a new format in 2012, with a flagship company store at Sylvia Park in Mount Wellington, Auckland. [11]
Waterman sold Guthrie Bowron through another management buy-out in 2014. [8] [11]
In 2015, many franchises had been operating for two decades and the business model was profitable. [2]
In 2016, Guthrie Bowron had 42 stores. [12]
In February 2017, some franchisors told the National Business Review they were concerned about the recent closures of new format stores in Sylvia Park, Silverdale, Auckland and Christchurch. [11] A unspecified number of franchisors called for greater mandatory disclosure provisions. [13]
Guthrie Bowron stores were required to close during the start of the COVID-19 pandemic in New Zealand in 2020. The Timaru store reported being very busy when it reopened in late April. [14] The store in Te Awamutu reported being "busy as" as in July, despite the local Bunnings and Warehouse Stationery stores closing due to falling revenue. [15]
Global supply chain shortages affected Guthrie Bowron stores in 2021, including manufacturers not being able to source raw materials. [16]
Guthrie Bowron came second to Resene in the painting and home decorating category of the Reader's Digest customer service survey in 2021. [17] It ranked first in the home furnishing category of the Canstar Blue customer satisfaction award in 2021; [18] it came seventh in the same category in 2022. [19]
Guthrie Bowron stores have sponsored several public projects, including: