Room for Masters

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.