Room for Mas­ters

Townsville Bulletin - - NEWS -

LOSS- MAK­ING hard­ware chain Mas­ters has weighed heav­ily on Wool­worths’ earn­ings but there are hopes that it’s yet to re­alise its full po­ten­tial. UBS an­a­lyst Ben Gil­bert says there’s room for Mas­ters in Aus­tralia’s $ 45 bil­lion home im­prove­ment mar­ket de­spite tough com­pe­ti­tion from Bun­nings. “Whether they go af­ter Bun­nings or another re­tailer such as Har­vey Nor­man, there’s space for them, it’s just about how quickly they can do it,” he said.

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