date:Feb 10, 2014
o $788 million, with comparable sales up 2.1%.
Home Improvement Masters chain
Woolworths Masters chain continues to struggle to compete against the Wesfarmers Ltd -owned Bunnings chain which is highly profitable.
The American chain Lowes is Woolworths joint-venturer in the Australian Masters business operation and there have been criticisms of management for insufficient understanding of the Australian-specific needs of the Masters market for home improvements such as a lack of appreciation