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  1. Masters Home Improvement was an Australian home improvement chain operated by two retailers; Woolworths Limited and Lowe's Home Improvement. It was established as a way for Woolworths Limited to enter the hardware retail market, which has been historically dominated by Bunnings Warehouse, owned by their competitor Wesfarmers.

  2. Jun 26, 2024 · On Monday, Woolworths finally announced it would end its five-year experiment in homewares and hardware, Masters Home Improvement.

  3. Jan 18, 2016 · Woolworths' loss-making home improvement arm has struggled to grip the lucrative $42 billion hardware market since opening its first store in Braybrook, Victoria.

  4. Sep 12, 2019 · Masters Home Improvement (or just Masters) was Woolworths Group Limiteds attempt to grab some of the hardware retail space in Australia away from market leader Bunnings (owned by Wesfarmers).

  5. Jan 18, 2016 · The supreme irony of Wesfarmers announcing on Monday official confirmation of its $705 million acquisition of British home-improvement chain Homebase clearly underlines who has won the hammers and ...

  6. Experience Masters Home Improvement. Masters Home Improvement had 6,500 staff and $1 billion of home and hardware stock across 63 sites in Australia. Unable to penetrate the lucrative market dominated by Bunnings Warehouse, our Corporate group was retained to develop and implement an exit plan.

  7. Masters Home Improvement Stores are now Closed. We wish to thank all our customers, staff and suppliers for their support. For any queries relating to Masters Product Recalls please contact the Woolworths Customer Care team 1300 767 969.