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Thread: I have heard

  1. #1
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    Default I have heard

    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???

  2. #2
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    It doesn't make sense to me. Would they be buying the Mitre 10 model or their expertise in hardware?

    TT
    Learning to make big bits of wood smaller......

  3. #3
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    Default

    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
    To grow old is mandatory, growing up is optional.

  4. #4
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    Default

    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
    Hugh

    Enough is enough, more than enough is too much.

  5. #5
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    Post

    Yes, I am skeptical but stranger things have happened!

  6. #6
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    Default

    A couple of years ago Bunnings bought the Mitre 10 in Werribee and converted it to a Bunnings.

    Cheers

    Doug
    I got sick of sitting around doing nothing - so I took up meditation.

  7. #7
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    Default

    Quote Originally Posted by artme View Post
    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???
    Seems you are onto something artme

    TT
    Learning to make big bits of wood smaller......

  8. #8
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    The person who never made a mistake never made anything

    Cheers
    Ray

  9. #9
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    Exclamation

    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!?!?

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