That Masters has bought out some Mitre10 franchises and is going to use these as a base to improve its business.
Anyone else heard this???
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That Masters has bought out some Mitre10 franchises and is going to use these as a base to improve its business.
Anyone else heard this???
It doesn't make sense to me. Would they be buying the Mitre 10 model or their expertise in hardware?
TT
Probably cheaper than building a store and out fitting it, plus buying out the competition. Particularly in the smaller regions, where an existing hardware store, wouldn't make it viable.
Kryn
Hi,
Where have you guys been? Magnet Mart / Home Hard Wear here (ACT) belong to Woolworth's, but they seem to be running it separately and differently to Masters.
Regards
Yes, I am skeptical but stranger things have happened!:rolleyes:
A couple of years ago Bunnings bought the Mitre 10 in Werribee and converted it to a Bunnings.
Cheers
Doug
Seems you are onto something artme
TT
Ya gotta be quick!!
Opened up this morning to post about the Lowes bit as I had seen a brief item by Alan Kohler on the ABC just yesterday.
Did Woolies get too greedy!?!?