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Masters Home Improvement was an Australian home improvement chain operated by two retailers; Woolworths [2] and Lowe's. It was established as a way for Woolworths to enter the hardware retail market, which has been historically dominated by Bunnings , owned by their competitor Wesfarmers .
These were later either closed or turned into large-concept Mitre 10 stores. In 2011 Masters Home Improvement entered the market and opened more than 49 stores, with an average footprint of 13,500 m 2. Masters Home Improvement, which was the second-largest hardware chain in Australia, closed in December 2016. [4]
Based on documents submitted to the government, Woolworths' hardware chain will be named Masters. [29] This was confirmed on 2 May 2011. [30] The first store was located in Braybrook, Victoria and opened in September 2011. [31] As of June 2014, 49 Masters stores were operational in Australia.
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Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by the Home Depot in 1989) behind rival the Home Depot and ahead of Menards. [6] It is also the second-largest hardware chain in the world, also behind The Home Depot but ahead of European retailers Leroy Merlin, B&Q, and OBI. [7]
Average asking prices for Masters tickets have fallen upwards of 50 percent. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in ...
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