Browse all categories | Subscribe My Account | Logout
Browse all categories
< Back

Masters stores for sale as Woolies-Lowe's battle nears end

People & Companies / Latest News


Jul 23 2017

Add to Favorites

Share this Article:

Simon Johanson, The Sydney Morning Herald

Big-box retailing is poised for its biggest shake-up in years with the imminent settlement of Woolworths' battle with former joint-venture partner Lowe's and the finalisation of an $830 million deal to offload its Masters stores.

US-based Lowe's is understood to have handed over its share of joint-venture company Hydrox Holdings – which owned the Masters chain – to Woolworths, paving the way for the retail giant to finalise the sale of former stores to Home Consortium.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald


You may also like...

Load More


Login into your MP Report account

Forgot my password

Sign up to the MP Report

Creating an account with MP Report allows you to save articles and update your preferences to filter the content based on your interests and what content you would like to receive from us via our email alerts and newsletter.